Affichage des articles dont le libellé est asset freezes. Afficher tous les articles
Affichage des articles dont le libellé est asset freezes. Afficher tous les articles

mercredi 28 août 2019

Republicans Look to Punish Chinese Leaders Over Hong Kong Crackdown

Senior administration officials and lawmakers are brainstorming ways to punish China for the clampdown in Hong Kong.
By Erin Banco


Donald Trump hasn’t exactly gone after China’s chiefs for cracking down on protesters in Hong Kong. 
Trump said earlier this month that he wanted to see the situation “worked out in a very humanitarian fashion.” 
And over the weekend at the G7 meeting in France he praised again Xi Jinping as a “great leader.”
But behind the scenes, senior officials in the Trump administration and lawmakers on Capitol Hill are quietly brainstorming ways to officially punish China for the clampdown in Hong Kong and to deter Beijing from deploying military forces to directly and violently confront protesters in the streets, according to three government sources with knowledge of those efforts. 
The wide-ranging discussions—which include the possibility of imposing travel bans and asset freezes on Chinese leaders—come just two weeks after Beijing’s troops began to amass outside Hong Kong.
Since Day One of this administration, China has been a national security concern. The protests in Hong Kong are just another example of why we should be focusing our attention on finding ways to push back against Beijing,” said one senior administration official. 
“We’ve been taking other routes to confront China, especially economically. This would be another step in the game plan. The draft legislation is in a lot of ways going to look like some of the sanctions we implemented with Russia.”
Republicans in the Senate and the House of Representatives are in the midst of drafting legislation, after consulting with senior officials in the ranks of the departments of State and Treasury, to introduce legislation that would hit  with sanctions Chinese entities that support the suppression of protests in Hong Kong. 
The legislation would be the first of its kind to address the crackdown head-on by going after some of China’s most influential and well-connected entities. 
Members of Congress have for weeks sought out ways to respond to the Beijing leadership’s role in the clampdown in Hong Kong, fielding expert opinions from experts in the international sanctions and foreign policy fields.
Senator Marco Rubio (R-FL), along with both his Republican and Democrat colleagues in the Senate, re-introduced the Hong Kong and Human Rights Act in June. 
The bill would make it harder for Hong Kong to keep its trade status with the U.S. if it did not maintain autonomy from China. 
Rep. Christopher Smith (R-NJ) introduced the bill in the House of Representatives.
But other lawmakers on the Hill are considering a more direct approach to confronting China.
Three individuals familiar with the effort said lawmakers view the legislation as a way of establishing a “red line” that would deter China from cracking down on protesters in the future by threatening increasingly steep political and financial punishments. 
Two sources said lawmakers are considering a system whereby Congress could review the list of Chinese companies every several years, adding some and losing others depending on the circumstance.
“The administration has been looking at options for some time now,” one senior Trump official said. “But now things are starting to move forward and the legislation on the Hill will crystalize once Congress comes back. We’ve been looking at smart ways to address the crackdown and this is definitely a start.”
Sen. Pat Toomey (R-PA) has looked over draft legislation for new Chinese sanctions and is considering sponsoring some form of it within the next few months, according to two sources familiar.
In July he delivered an 11-minute speech in which he called out the Chinese government for their involvement.
“If the Chinese officials in Beijing, the communists Chinese who rule mainland China, if they have their way, they will extinguish these rights for the people of Hong Kong,” he said. 
Discussions on Capitol Hill are taking place as the U.S. and China continue to engage in a tit-for-tat trade war. 
President Trump said earlier this month that if China used violence in Hong Kong it would “hurt” trade talks.
“For the most part the administration, and the White House in particular, has been trying to keep the trade talks front and center when it comes to China policy,” one senior administration official said. “But really the trade talks and our response to the protests in Hong Kong are tied. The threat of sanctions is really starting to scare China and so we might begin to see trade talks go a little smoother.”

jeudi 8 décembre 2016

Rubio Calls for Sanctions on Beijing for South China Sea Antics

“China should not be allowed to continue to pursue illegitimate claims and to militarize an area that is essential to global security.”
BY EMILY TAMKIN

The Trump administration may get an assist in crafting a no–nonsense stance toward China — from Congress.
One-time presidential candidate Sen. Marco Rubio (R.-Fla.) introduced a bill Tuesday that would slap sanctions on China for its destabilizing actions in the East and South China Seas, where Beijing has built artificial islands and airfields and warned neighboring countries to stay out.
“The People’s Republic of China,” the bill reads, “should not be allowed to continue to pursue illegitimate claims and to militarize an area that is essential to global security.”
Rubio proposes sanctions — including asset freezes, travel bans, and visa restrictions — on “any Chinese person” who contributes to construction or development projects in any contested area of the South China Sea, or who is complicit in actions or policies that threaten stability of those areas. 
Interpreted broadly, that would target everybody from Chinese coast guard and naval personnel to construction firms to fleets of Chinese fishermen who informally patrol far-flung waters.
The bill also urges a more muscular U.S. response to China’s territorial ambitions. 
It calls for the United States to “continue and expand” freedom-of-navigation operations meant to challenge China’s claims, and calls for the United States to meet Chinese “provocations” with “commensurate actions that impose costs on any attempts to undermine security in the region.”
It isn’t clear yet how much support Rubio can count on; it was introduced in committee without a single co-sponsor. 
Neither Senate Foreign Relations Committee Chairman Bob Corker (R.-TN) nor Ranking Member Ben Cardin (D-MD)’s office has yet responded to request for comment.
In the House, Rep. Mike Pompeo (R-KS) — Trump’s pick to head the CIA — introduced a bill in July calling on China to cease militarization and reclamation in the South China Sea and to end provocation in the East China Sea.
What is clear is that the hard-line legislation comes on the heels of a carefully arranged call between U.S. President Donald Trump and the president of Taiwan, an issue that the Chinese do not take lightly
Trump also, in a series of tweets, accused China of intentionally devaluing its own currency to make it more difficult for U.S. companies to compete — and of building a “massive military complex” in the South China Sea.
Some foreign-policy analysts welcomed the bill as a way to show China some teeth. 
It’s a “welcome reminder that the United States has many tools at its disposal to influence Chinese policy in the South China Sea and East China Sea,” Bonnie Glaser, director of the China Power Project at the Center for Strategic and International Studies, told Foreign Policy. 
Though the bill has warts — Glaser noted that it focuses exclusively on China’s behavior in the disputed waters, not other claimants’, and targets activities like lighthouses that aren’t necessarily nefarious — she welcomed the effort to push back in area crucial to global trade and to the stability of Asia.
Even if this bill fails, she said, it is a reminder to the incoming administration that a targeted approach to the individuals and companies involved in military activity, construction, and dredging in the South and East China Seas would be useful in taking the lead on this issue, restoring U.S. credibility in the process.
But China is not the only country in Congress’ crosshairs. 
On Dec. 1, the Senate voted unanimously to extend sanctions on Iran for 10 years. 
And the House passed a bill that would restrict travel by Russian diplomats based in the United States. 
The Senate has not yet approved the legislation. 
On Wednesday, Russia made quite clear that it would retaliate by restricting American diplomats’ movement if this bill were to become law.
Russian Foreign Ministry spokesperson Maria Zakharova said that U.S. authorities would do well to remember that “diplomacy is based on the principle of reciprocity.”

Sen. Marco Rubio (R.-Fla.) introduced a bill Tuesday that would slap sanctions on China for its destabilizing actions in the East and South China Seas.