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US Sanctions Against China for South and East China Sea Activities.

This law authorizes the US President to impose sanctions on Chinese individuals and entities involved in militarization and destabilizing actions in disputed maritime areas. For US citizens, this means restrictions on investments and financial dealings with sanctioned entities, ensuring compliance to avoid severe penalties. The goal is to uphold international law and US security interests.
Key points
Sanctions include blocking property, banning US investments, and denying visas to responsible Chinese persons.
US citizens and businesses must avoid investing in or conducting specific banking transactions with sanctioned entities.
The law affirms US rejection of China's unlawful maritime claims, supporting the 2016 international tribunal ruling.
The State Department must report annually on countries recognizing Chinese sovereignty over the disputed territories.
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Additional Information
Print number: 118_S_591
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2023-03-01