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US Sanctions and Trade Measures Targeting Chinese Companies: What Chinese Companies Should Know

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As the first year of the Biden Administration comes to a close, the US government has continued to use sanctions and other trade tools to target Chinese companies, citing national security, alleged human rights violations, and a range of other policy reasons for its actions. Dozens of Chinese companies have been added to various US trade blacklists, with negative and often far-reaching impacts. Moreover, the negative ramifications may go beyond the listed companies and extend to other Chinese companies involved in cross-border businesses. Chinese companies may find themselves in a reactive posture, unclear of the reasons why they are being targeted whether they could be the next target, the possibility of de-listing once targeted, or how to engage with the US government. We fully expect that the trend of targeting Chinese companies will continue. Chinese companies should be proactive about understanding and addressing these risks.

Baker McKenzie FenXun invites you to a one-hour webinar on Tuesday, 15 February 2022, where our trade compliance and litigation experts from China and the United States will provide practical tips and insights into:

  • the various US trade blacklists and other tools used by the US government to target Chinese companies, such as: US Commerce Department’s Entity List, the US Treasury Department’s the Specially Designated Nationals and Blocked Persons List, Withhold Release Orders issued by US Customs and Border Protection, investment sanctions targeting so-called Chinese Military-Industrial Complex companies, export controls on Chinese military end-users, etc.
  • the US government’s policy reasons and processes for adding companies to the blacklists
  • available processes for de-listings
  • compliance steps to minimize the risks of being targeted
  • possible litigation options and considerations

Speakers: Frank Pan (Senior Counsel, FenXun Partners), Kerry Contini (Washington, DC), Alison Stafford-Powell (Palo Alto), Jennifer Semko (Washington, DC), Eunkyung Kim Shin (Chicago)

Registration is required and the seats are limited. To reserve a spot today at our event, please click on the RSVP button.

RSVP

Date
Tuesday, 15 February 2022

Time
Beijing 9:00
San Francisco 17:00 (14 February)
Chicago 19:00 (14 February)
New York 20:00 (14 February)

Language
The event will be conducted in English with simultaneous translation in Chinese.

Continuing Legal Education
An application was made for US CLE (California and New York) credits. More information to follow.

Admission is complimentary. Registration is required. To register, please click the button below.

RSVP

Inquiries
Iris Zhou
Email
T:+86 21 6105 8519

* The Baker McKenzie FenXun (FTZ) Joint Operation is the world’s leading China legal platform, delivering integrated international and PRC legal services. Established in April 2015 in the China (Shanghai) Free Trade Zone, it is the first that has been approved by the Shanghai Justice Bureau. For both Baker McKenzie and FenXun Partners, the Joint Operation is a historic step in providing clients with a joint global and local PRC law capacity from one single and uniquely aligned platform.

** Frank Pan is a senior counsel of FenXun Partners, which is a premier Chinese law firm. FenXun established a joint operation office with Baker McKenzie in China as Baker McKenzie FenXun, which was approved by the Shanghai Justice Bureau in 2015.

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Author

Kerry Contini is a partner in the Firm’s Outbound Trade Practice Group in Washington, DC. She has served as co-chair of the Firm's Pro Bono committee for several years and has managed award-winning pro bono work involving Baker McKenzie professionals in North America, Europe and Asia. She has written on export controls and trade sanctions issues for several publications, including The Export Practitioner and Ethisphere. Kerry is a co-chair of the Export Controls and Sanctions Section of the Association of Women in International Trade. She joined the Firm as a summer associate in 2005 and became a full-time associate in 2006.

Author

Alison Stafford Powell has considerable experience counseling US and non-US companies on cross-border outbound trade compliance in the areas of export controls, trade and financial sanctions, anti-terrorism controls, anti-corruption and anti-money laundering rules, US anti-boycott laws, and US foreign investment restrictions under the Exon-Florio Provision. With a background also in EU and UK trade restrictions, she routinely advises non-US companies on reconciling US and EU trade regulations and on the extra-territorial impact of US trade restrictions. She is a dual US/English qualified lawyer and has worked in the Firm’s London, Washington, DC and Palo Alto offices since 1996.

Author

Jennifer Ancona Semko focuses her practice on complex commercial litigation and internal investigations, with more than 20 years of experience litigating in state and federal courts across the United States. Jennifer represents clients in domestic and international disputes and has expertise in cross-border judicial processes. She also has guided clients through investigations by the US Department of Justice, SEC, EPA, NYSE, Senate Finance Committee, United Nations and other government agencies. She is currently the Chair of the Washington Office Litigation and Government Enforcement practice, as well as Co-Chair of the North American Commercial Litigation subgroup.

Author

Eunkyung Kim Shin is an associate of Baker McKenzie’s International Commercial Practice Group and the International Trade Compliance Sub-Practice Group in the Chicago office. Eunkyung advices clients on various regulatory compliance and trade issues, concentrating on the US export controls such as the Export Administration Regulations (EAR) and International Traffic in Arms Regulations (ITAR), economic and trade sanctions, US customs and import laws, the US Foreign Corrupt Practices Act (FCPA), and foreign anti-bribery laws.

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