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Rubio Urges Biden Administration Not to Overturn Restrictions on Chinese Military Investments

Sen. Marco Rubio (R-Fla.) has expressed concern regarding the Treasury Department’s quiet updates to its sanctions related to the . ....

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OFAC Issues Chinese Military-Industrial Complex Sanctions Regulations | Wiley Rein LLP

On February 16, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued “abbreviated” regulations to implement President Biden’s 2021 Executive Order. ....

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OFAC Interim Regulations Targeting Chinese Military Companies Have Limited Current Impact | Dechert LLP

On February 15, 2022, the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) published an initial set of regulations to implement sanctions targeting investments in. ....

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2021 U.S. Sanctions Year in Review | Wilson Sonsini Goodrich & Rosati

In January 2021, President Biden was sworn into office and for the first time in a decade, Democrats assumed control of both chambers of Congress. Notwithstanding these changes, the. ....

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Treasury, Commerce Target Dozens of Chinese Companies Over Surveillance, National Security Concerns | Wiley Rein LLP

Last week, the U.S. Government imposed tough restrictions on U.S. transactions with specific companies in the People’s Republic of China (PRC) that are involved in activities contrary. ....

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