In the Media

On September 15, Jacob Fromer of the South China Morning Post reported on new Magnitsky sanctions issued by the U.S. Treasury Department targeting Union Development Group, a Chinese-owned company actively developing Belt and Road Initiative (BRI) projects in Cambodia. The sanctions announcement cited forcible land acquisition and land degradation, and the article highlighted the projects’ benefit to Chinese entities at the expense of ...

On August 25, Marsilea Gombata of Brazil’s Valor Economico reported on the recent slowdown experienced by China’s Belt and Road Initiative (BRI) in Latin America and the Caribbean, primarily caused by COVID-19. Citing data collected by RWR, the report noted that, between 2013 and 2020, China has loaned approximately $50 billion to 19 countries in Latin America and the Caribbean countries under the banner of the Belt and Road Initiative.

On August 27, Josh Rogin of the Washington Post reported on the addition of various subsidiaries of China Communications Construction Company (CCCC) to the Entity List under the auspices of the U.S. Department of Commerce. The designation pointed to the involvement of these companies in China's artificial island-building in the South China Sea. Per the U.S. Department of State, "CCCC and its subsidiaries have [also] engaged in corruption, ...