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What Pentagon’s new Chinese military designations mean for Cosco

While the designation carries no immediate legal consequences, it delivers a symbolic blow to the companies’ reputations and reflects the escalating geopolitical tensions between the US and China

In an interview with Lloyd’s List, sanctions lawyer David Wolber of Gibson Dunn explains the implications of the Pentagon’s new Chinese military designations for companies such as Cosco and whether that signals stricter sanctions are on the horizon

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