China's Sanctions Regime

China's sanctions regime is similar to that of Western countries such as the United States and the European Union.

China's sanctions primarily target domestic human rights organizations.

China's sanctions policy is static and does not change over time.

Only a few countries, including Canada and Australia, have their own sanctions lists.

China's sanctions typically target foreign leaders who have expressed support for China's policies.

The United Nations does not have its own sanctions list that other countries may follow.

There are only two categories of sanctions: comprehensive and financial sanctions.

Comprehensive sanctions can include stopping all forms of economic aid from international organizations.

Financial sanctions target an entire country or a large sector of it.

Targeted financial sanctions are a subcategory of comprehensive sanctions.

The United Nations imposes fines for violations of sanctions.

The United States imposes the highest fines for sanctions violations through OFAC.

BNP Paribas was fined $8.9 million for violating U.S. sanctions.

The BNP Paribas case involved conducting illegal financial transactions with entities from only one country.

Financial institutions, companies, and individuals are not required to be aware of relevant sanctions and ensure compliance.

Targeted financial sanctions are designed to punish entire countries rather than specific individuals or entities.