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What will be the outcome of the U.S. sanctions on Chinese firms by end of 2024?
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Resolution / Starting Odds
Sanctions remain unchanged • 25%
Sanctions are lifted • 25%
Sanctions are increased • 25%
Sanctions are modified (but not lifted or increased) • 25%
Official announcements from the U.S. Department of Commerce, Chinese Ministry of Commerce, and major news outlets
Story
China Opposes U.S. Sanctions on Firms Linked to Russia
Aug 25, 2024, 07:53 AM
China has expressed strong opposition to recent U.S. sanctions on Chinese companies allegedly involved in the Russia-Ukraine conflict. The Chinese Ministry of Commerce criticized these sanctions as a form of long-arm jurisdiction and unilateral action by the U.S. The ministry emphasized that China will take necessary measures to protect the legitimate rights and interests of the affected Chinese entities. This move by the U.S. involves placing certain Chinese entities on its export control 'entity list', which China resolutely opposes.
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Limited to financial transactions • 25%
Includes technology exports • 25%
Includes energy sector • 25%
Comprehensive across multiple sectors • 25%
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All 28 officials sanctioned • 25%
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Ongoing negotiations • 25%
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Stalemate • 25%
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No significant change (+/- 5%) • 25%
Other • 25%