Europe Under Fire from US Secondary Sanctions

... backdrop of surging US–China trade. Although some residual sanctions still linger in the defence sector, China has been successful in offsetting these restrictions by buying from Russia. That being said, it is not uncommon for Chinese companies to face secondary sanctions,and China’s case is quite different from European companies. First, SDN designations are a common occurrence for Chinese companies and individuals, with as many as 150 of them currently on this list. Most of them were listed for failing to comply with the ...