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US provides Chinese language oil big Chinese language Nationwide Abroad Oil Company to financial blacklist – NEWPAPER24

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US provides Chinese language oil big Chinese language Nationwide Abroad Oil Company to financial blacklist

2021-01-14 18:17:21

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The Trump administration stepped up efforts in its remaining days to crack down on China by including one other Chinese language behemoth to its exports blacklist.The Commerce Division on Thursday added Chinese language Nationwide Abroad Oil Company (CNOOC) to a US financial blacklist, saying it had helped China intimidate neighbours within the South China Sea.The division additionally stated Chinese language firm Skyrizon was being added to the navy end-user (MEU) record for “its functionality to develop, produce or preserve navy…

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