Sanctioned

China has decided to sanction 28 persons who have seriously violated China’s sovereignty and who have been mainly responsible for such U.S. moves on China-related issues. They include Michael R. Pompeo, Peter K. Navarro, Robert C. O’Brien, David R. Stilwell, Matthew Pottinger, Alex M. Azar II, Keith J. Krach, and Kelly D. K. Craft of the Trump administration as well as John R. Bolton and Stephen K. Bannon. These individuals and their immediate family members are prohibited from entering the mainland, Hong Kong and Macao of China. They and companies and institutions associated with them are also restricted from doing business with China.

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China’s FDI up 6.2% to record high in 2020

China poised to take over the US as the world’s top destinations for foreign investment in 2020. This is helped by the country’s ability to secure a stable production while the global supply chain is fractured by the coronavirus outbreak.