U.S. set to blacklist more Chinese companies over human-rights violations.
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At least 10 more Chinese companies will soon be added to the U.S. economic blacklist over alleged human-rights violations, Reuters reported Thursday night.
The Biden administration is set to announce the move as soon as Friday, according to Reuters.
President Joe Biden signed an executive order last month adding five more companies to the blacklist, which currently numbers 59 Chinese companies that are banned from receiving American investments, including telecom-equipment giant Huawei Technologies Co.
The U.S. alleges the latest batch of companies abuse human rights and provide the Chinese government with high-tech surveillance in China’s largely Muslim province of Xinjiang, according to Reuters.
Map of Xinjiang region (Uyghurs)…
Map of China’s oil…
The Tarim oil fields are oil fields found in the Tarim Basin or the Taklamakan Desert in Xinjiang Uyghur Autonomous Region in China.
Over 181 million tonnes of oil and gas have been extracted in the Tarim Oilfield, which are equivalent to China’s total crude oil production in 2020.
Hmmm…? Maybe someday we’ll go in and ‘rescue’ the Uyghurs. Or encourage the Uyghurs to “rise up”.
Of course, humanitarian reasons alone won’t justify rescuing the Uyghurs, but if we keep poking China, someday China may poke back.
July 9, 2021 at 4:06 PM #434199Utopian LeftistParticipant
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if we could add US corporations, such as Amazon and Walmart: among the world’s worst worker-rights violators. Really any corporation that doesn’t pay a living wage is a violator of human rights. Why should any human on the planet work for slave wages?
BTW, when the Tibetan glaciers melt, it is estimated that a billion people will be forced to relocate.
"All fascism is a result of a failure of the left to provide a viable alternative." ~ Trotsky
“It is no measure of health to be well adjusted to a profoundly sick society.” ~ Krishnamurti
July 9, 2021 at 4:06 PM #434200Ohio BarbarianModerator
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Talk about unmitigated gall. Either the American Empire or its allies are engaged in behavior as bad or worse than anything the Chinese are even alleged to be doing, yet I’m supposed to cheer for the “right action” taken by that same imperial government just because I’m American?
It is better to vote for what you want and not get it than to vote for what you don't want and get it.--Eugene Debs
You can jail a revolutionary, but you can't jail the revolution.--Fred Hampton
July 9, 2021 at 5:45 PM #434212gordyflParticipant
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Companies not only trade goods in US dollars, they purchase raw materials and supplies in US dollars. Markets for many commodities, such as oil, trade virtually exclusively in US dollars.
How the US Uses the Dollar Payments System to Impose Sanctions on a Global Scale
The pervasive nature of the US dollar payments system along with its dominance in international transactions have afforded Washington broad powers to impose economic and financial sanctions on other countries.
Upping the ante against its opponents, the United States has restricted foreign governments, institutions and individuals from using US dollars in international finance so that they are unable to receive payments for exports, pay for the purchase of goods, or own US-dollar denominated assets.
The US’ ability to exploit the US dollar payment system began during the administration of former president Bill Clinton (1993-2001) and expanded under subsequent administrations.
Russia Urges China to Ditch US Dollar in Bid to Bust Sanctions
Russian Foreign Minister Sergey Lavrov wants China “to move away” from relying on the U.S. dollar for international trade in order to undermine the power of U.S. sanctions.
“We must consolidate our independence,” Lavrov told Chinese state media. “So, we must reduce our exposure to sanctions by strengthening our technological independence and switching to settlements in national and international currencies other than the dollar. We need to move away from using Western-controlled international payment systems.”
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