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U.S. sanctions China for buying Russian fighter jets, missiles

The U.S. State Department and Treasury has imposed sanctions on the Chinese military for their purchase of military systems and weapons from Russia in breach of U.S. sanctions against Russia for their 2016 election interference. The sanctions will exclude China’s Equipment Development Department, responsible for weapons and equipment acquisition, from applying for export licenses or participating in the U.S. financial system. The treasury department also extended its list of individuals with whom Americans are prohibited from doing business. Any country conducting business with individuals or entities on the U.S. blacklist are at risk of similar sanctions. China has protested the sanctions, and the Trump administration has emphasized that these sanctions are aimed at punishing Russian activity, not Chinese activity, even as the trade war continues. “The ultimate target of these sanctions is Russia…sanctions in this context are not intended to undermine the defense capabilities of any particular country…they are instead aimed at imposing costs up Russia in response to its malign activities.”

Source: U.S. sanctions China for buying Russian fighter jets, missiles | Reuters

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