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Global Trade Alert

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China: Government announces sanctions on 5 US defense industry companies

Description

On 7 January 2024, the Chinese Ministry of Foreign Affairs imposed sanctions on 5 US defense industry companies in response to "gravely wrong actions taken by the US". The targeted companies are BAE S...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

07 Jan 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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