China is researching the world of cryptocurrencies with all efforts so that it can be a pioneer in this new economic field that has dominated the world greatly and led to millions of investments in a few years and great superiority.
Recently, the files that opened the door of differences between the two great powers of the world America and China have increased, ranging from trade to the emerging corona virus, espionage, applications and many others.
What is new today is the United States’s announcement, on Wednesday, of sanctions targeting Chinese companies and “officials of the Chinese Communist Party” accusing them of contributing to the “militarization” of the South China Sea.
These sanctions also fall within the strengthened new policy announced by US Secretary of State Mike Pompeo in mid-July to confront China's "illegal" demands in the South China Sea.
In addition, Pompeo threatened in a statement to continue "to take measures as long as China does not stop using force in the South China Sea." "We will continue to support our allies in resisting these destabilizing activities," he said.
As of Wednesday, the US State Department will start withdrawing the US visa from every Chinese citizen who contributes to "widespread drought, construction and militarization" of disputed small artificial islands that are considered advanced sites in the South China Sea.
Washington also targets people who participate in the "use of coercion by the People's Republic of China against Southeast Asian people to impede their access to overseas resources."
Pompeo also made clear that these people and their family members "will no longer be able to enter the United States."
On the other hand, the US Commerce Department, for the same reasons, added 24 Chinese government companies to its blacklist, including several branches of the Chinese Telecom Company, which it accuses of aiding the Chinese army in the militarization of the islands.
