News Snapshot:
Barely 48 hours before the arrival in China of one of Biden’s most-trusted diplomats, Beijing has announced its decision to impose counter-sanctions on seven American citizens and entities, including former commerce secretary Wilbur Ross, in retaliation against Washington’s earlier sanctions on Chinese officials over Hong Kong crackdowns. The Biden administration announced sanctions on seven Chinese officials on 16 July and warned US businesses of the “growing risks” posed by Beijing and Hong Kong. It is not the first time Washington and Beijing have imposed mutual sanctions, but the latest round marks the first time China has done so using its...
