Commerce Department’s BIS issues revisions to the Unverified List; adds 33 Chinese entities.
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Tag: China
This week on EMBARGOED!, Brian and Tim cover three of their favorite topics: Russia, Iran, and China. First, they discuss the latest U.S. threat to deploy Huawei-style foreign direct product rule restrictions on exports to Russia. Next, they consider whether it is truly now or never for JCPOA 2.0 and, then, contemplate the future of DOJ’s China Initiative in the wake of a high-profile dismissal. Finally, in the Lightning Round, Brian and Tim go below deck to provide some perspective on recent developments in a Helms-Burton lawsuit targeting major players in the cruise industry and share some quick thoughts on the new U.S. government advisory regarding Burma (Myanmar).
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EMBARGOED! is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts.
***Stay sanctions free.***
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Update on China Issues
Export restrictions; sanctions on 3 PRC companies – missile proliferation activities.
In today’s edition of Daily Compliance News:
- Fraud in licensing. (Bloomberg)
- SPACs sinking. (WSJ)
- The humble resume is still critical? (NYT)
- No mercy corruption crackdown in China. (YaHoo!News)
Brian and Tim give thanks for having no shortage of China topics to cover (ever), which include BIS’s new interim final rule establishing controls on certain items that can be used for malicious cyber activities, authorized (and possibly unauthorized) exports to Huawei, the FCC’s revocation and termination of China Telecom Americas’ license, and a brief Lightning Round discussion of the latest on Taiwan. In the middle of all that China content, Brian and Tim also discuss the possible implications of a recent FSIA ruling in the Halkbank case.
Subscribe * Apple Podcasts * Spotify * Amazon Music * Google Podcasts * Stitcher
Questions? Contact us at podcasts@milchev.com.
EMBARGOED! is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts.
***Stay sanctions free.***
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Illegal Exports to China
Today, the Kitchen reviews a DOJ prosecution of a Chinese national responsible for illegal military items exports to the PRC.
Listen in as the Kitchen review a recent DOJ sentencing for conspiring to illegally export semiconductor chips to China.
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New China Data Protection Law
China rolls out its new Data Protection Law. The Kitchen takes a peek at the main data points that are cooking in this significant legal area, ready to be served to companies in China, starting on September 1, 2021.
In this episode, we gather information on the new China’s anti-foreign sanctions law that appears to rank higher on the legal ladder that the previous Chinese government’s Unreliable Entity List and Blocking Rules, adding to the already opaque Chinese global trade landscape.