(Photo: China Daily). While this makes it difficult for multinational companies doing business in China—who are now caught in the crossfire of U.S. sanctions and Chinese Blocking Laws—to know how to respond, we offer the below strategies for consideration. Found insideThe total investment has allowed Iran to keep up its production of crude oil and to continue as one of China's biggest oil ... very clearly for Washington: under no circumstances may the sanctions affect China's large oil companies. During that period, the volume of cotton yarns produced increased 56 percent, and sales volume was up 91 percent. Found inside – Page 118Conveying a serious discontent with international sanctions as legitimate instruments to pressure Iran, China has ... The fact that Chinese companies operating in Iran are big state-owned ones, however, casts a certain damp on this line ... Foreign companies can be sued in Chinese courts for applying sanctions and the law can also be wielded against family members. Fighter pilots recall mission to take down Flight 93 on 9/11; How to watch CBS News' coverage of the 20th anniversary of 9/11; Children of 9/11 victims reflect on … Found inside – Page 143Several Chinese companies now are under sanction for violations of U.S. law . In 2001 the U.S imposed sanctions on a Chinese company for aiding Iran's chemical weapons program.46 In the same year the China Metallurgical Equipment ... Found inside – Page 99China objected to the sanctions and refuted the charges on which they were based, saying the reports were “groundless. ... The 1991 notice specified two Chinese companies and their subsidiaries (China Great Wall Industry Corporation and ... First, it may deprive administrative departments of discretion to allow companies in China, whether domestically- or foreign-invested, to comply with foreign sanctions by allowing them discretion to decide with whom to do business. Arken Tuniyaz, vice-chairman of the Xinjiang regional government, said the US and some other Western forces have been expanding their sanctions on Xinjiang businesses based on these accusations, increasing the number of people affected. BEIJING – China's government said Monday it will impose sanctions on U.S. military contractors including Boeing Co.'s defense unit and Lockheed Martin Corp. for … The Anti-Foreign Sanctions Law imposes conflicting obligations for multinational companies with subsidiaries in China, including Hong Kong and Macao. // do three ambassadors talk about Xinjiang Liu... 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