January 12, 2025, 9:01 pm
In a move that has put Beijing on notice, the US has blacklisted China’s largest shipping company, Cosco Shipping Holdings Co., along with two major shipbuilders, citing their alleged ties to the People’s Liberation Army (PLA)
Viewers may note, a 2020 report by the Center for Strategic and International Studies flagged COSCO as the “maritime supply arm of the PLA,” highlighting its logistical support to the PLA Navy’s operations in the Gulf of Aden since 2008.
While Cosco Shipping Holdings Co., a subsidiary of the state-owned behemoth COSCO Group, is at the center of the controversy, the blacklisting extends beyond just shipping companies, reaching into China’s tech and energy sectors, with heavyweights like Tencent Holdings, Contemporary Amperex Technology, and the state-run oil giant Cnooc Ltd.
While the blacklist does not impose immediate or direct penalties, it acts as a deterrent for U.S. businesses, discouraging collaborations with these Chinese companies.
In this video, Defense Updates analyzes how the U.S. is taking on China’s shadowy naval force with targeted sanctions ?
#defenseupdates #uschina #usvschina
Chapters:
00:11 INTRODUCTION
02:18 CHINA’s SHADOWY NAVAL FORCE
04:22 A CASE IN FOCUS
6:24 NOT A FAR-FETCHED CONCEPT
07:53 ANALYSIS
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▶️ Narration by Scott Leffler (scottleffler.com)
🎵 Background Music courtesy of incompetech.com
"Giant Wyrm" Kevin MacLeod (Licensed under Creative Commons)
Content Creator – Defense Updates
