Last week, Beijing announced that it will sanction two U.S. companies -- Northrop Grumman and a Lockheed Martin unit -- over their arms sales to Taiwan. But experts pointed out that what comes next as part of the sanctions is unclear at the moment.

In reaction to recent reports of a new Huawei smartphone with advanced capabilities, member of Congress are pushing the U.S. Commerce Department to tighten semiconductor export controls even further.

China's Foreign Relations Law entered into force on July 1. The law consolidates China's foreign policy, and provides an additional statutory basis for government action against foreign sanctions and long-arm jurisdiction.

After the news broke that the European Commission proposed to sanction multiple Chinese companies over their sales to Russia, several Chinese officials pushed back against this proposal at various events this week, and warned of taking "necessary measures" to protect Chinese firms.

Two Republican U.S. Senators have called for adding the Commercial Aircraft Corporation of China (COMAC), a Chinese state-owned aircraft manufacturer, to the Commerce Department's Military End User (MEU) List.

The U.S. government recently sanctioned more Chinese firms for their transactions with Iran and Russia. The Chinese government called the U.S. decisions "typical unilateral sanctions and 'long-arm jurisdiction'."

Last week, the Ukraine government designated Chinese phone company Xiaomi as an "international war sponsor". Xiaomi expressed its strong objection in response, as the listing may hurt Xiaomi's international image and financial position.