News Snapshot:
Jakarta, CNBC Indonesia – China revenge against the United States (US) for a number of sanctions. President Xi Jinping’s administration announced it was ‘punishing’ seven US citizens and entities on Friday (7/24/2021). All of these people and entities are linked to sanctions against China on charges of ‘exacerbating freedoms in Hong Kong’. One of those sanctioned was the US Secretary of Commerce when Donald Trump was still president of Wilbur Ross. While in office, he expanded the list of Chinese companies blacklisted by the US, including tech giants Huawei and ZTE. The chair of the US-China Economic and Security Review...
