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Updates on U S sanctions affecting parties in Hong Kong and China - December 2020 | Bryan Cave Leighton Paisner

[co-author: Stephanie Cheung] INTRODUCTION Following our recent Client Alert published in October 2020 on the release of the Section 5(a) Report under the Hong Kong Autonomy Act of 2020 (“ HKAA”), there have now been some further updates in relation to U.S. sanctions affecting parties in Hong Kong and China which we discuss below. TRUMP ADMINISTRATION IDENTIFIES FOUR ADDITIONAL CHINESE ENTITIES AS MILITARY COMPANIES CCMC”). This list is required to be compiled and reported to the U.S. Congress. In addition to the companies already on the list from designations in June and August of this year, the four companies added in December are (i) high-tech state-owned enterprise group, China Construction Technology Co. Ltd. (CCTC); (ii) an engineering consulting business, China International Engineering Consulting Corp. (CIECC); (iii) China’s top chipmaker, Semiconductor Manufacturing International Corp. (SMIC); and (iv) China’s largest offshore oil and gas producer, China Natio

Under Hong Kong s New National Security Law, Authorities Arrest Top Pro-Democracy Activists

Under Hong Kong s New National Security Law, Authorities Arrest Top Pro-Democracy Activists December 17, 2020 | By Heath Sloane Introduction In recent weeks, Hong Kong authorities have conducted sweeping arrests of high-profile activists for alleged breaches of the country s new National Security Law. In the latest blow to the city s pro-democracy movement, veteran activists Joshua Wong, Agnes Chow, and Ivan Lam were sentenced to extended prison time, while media mogul Jimmy Lai was formally charged with colluding with foreign forces. [1] As Beijing cracks down on political dissent and media freedom in the city, Hong Kong s hopes for any semblance of autonomy under the One Country, Two Systems framework are disappearing at an alarming rate.

The Liberty TImes Editorial: China s goal is to prepare for war

The Liberty TImes Editorial: China’s goal is to prepare for war The cover of Time magazine on Monday showed the year “2020” crossed out over the text: “The Worst Year Ever,” in capital letters. The question is what during this year has made it the worst. The ongoing COVID-19 pandemic is bad, but is it the worst thing that has happened? At the moment, it seems so, with nearly 73 million infected and more than 1.6 million dead. However, vaccines are arriving and, as time passes, this period might take on a different light. In China, where the virus originated, a new image of the world is taking shape. While human rights are rapidly deteriorating in Hong Kong, Xinjiang and every other corner of Chinese society, and the US is preparing for a transfer of power, Beijing is collecting big data on other countries’ reactions to its dreams of becoming a big power.

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