Sanctions that don't work..

chiny24.com 1 year ago

According to the Rhodium Group, an American think-tank, specializing in the analysis of China's economy and policy dynamics, between 2014 and 1 May 2024 the United States administration imposed a number of sanctions, restrictions and prohibitions of cooperation with over 1,400 companies from China.

As it turns out, no of these companies went bankrupt, and if they disappeared, it was exclusively from the American market. Companies that have been included in American black lists that have been covered by the embargo on the usage of U.S. technology get expanding shares in another markets, make their own alternate technologies, allowing them to make independently of the US government's actions.

Source: rhg.com

Author: 梁安基 Andrzej Z. Liang, 上海 Shanghai, 中国 China

Email: [email protected]

Editorial: Leszek B.

Email: [email protected]

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