China Enabling U.S. Adversaries to Avoid Punishing Sanctions, Export Controls at Massive Scale

China is allowing U.S. adversaries to avoid sanctions and export controls on a massive scale, posing a direct challenge to U.S. economic statecraft and the dollar-driven international financial system.

The Chinese Communist Party is enabling Russia, Iran, and North Korea to circumvent sanctions through parallel financial systems, high trade volumes, and transportation networks that limit the effectiveness of U.S. economic tools, according to a new report from the U.S.-China Economic and Security Review Commission, a non-partisan panel authorized by Congress.