China imposes sanctions on US officials
China is imposing sanctions on several US individuals and organisations in response to recent US sanctions on Chinese officials in Hong Kong. Those targeted include former US Commerce Secretary, Wilbur Ross, according to published reports on Saturday.
The counter-sanctions come days before US Deputy Secretary of State Wendy Sherman is due to visit China. The US sanctions on Chinese officials in Hong Kong were because of their role in the security crackdown in the territory. Washington also warned its business community of the growing risks of operating in Hong Kong.
China’s foreign ministry said on Friday that the recent US sanctions were designed to “groundlessly smear Hong Kong’s business environment” and “gravely violate international law and basic norms governing international relations”. It said it would impose sanctions on seven US individuals and entities including Wilbur Ross.
Others sanctioned persons include Sophie Richardson, Human Rights Watch’s China director; Carolyn Bartholomew, chair of US-China Economic and Security Review Commission; and Adam King of the International Republican Institute.
White House press secretary Jen Psaki told reporters that the US was “undeterred” by China’s retaliation.
Elias Memon: Karachi Chamber will continue to provide services to the business community
Chairman of All Karachi Anjuman-e-Tajiran and President of Tariq Road Traders Alliance...
Exports of electric fans decreased by 21.35% during July and August
Exports of electric fans from the country have declined by 21.35 percent...
The annual meeting of FCCI will be convened on Sept 30, 2021
Faisalabad: The annual general meeting of the Faisalabad Chamber of Commerce and...
Pakistan’s forex reserves fall $663 million to $26.402 billion
KARACHI: Pakistan’s liquid foreign exchange reserves decreased $663 million to $26.402 billion...
Govt making all-out efforts to provide security to Chinese investors: minister
ISLAMABAD: The government is making all-out efforts to provide foolproof security to...