US Lawmakers Introduce Bipartisan Bill to Sanction Chinese Firms Aiding Russia

US lawmakers on Wednesday introduced a new bill aimed at imposing sanctions on any Chinese military firms that provide material support to Russia. 

The “No Limits Act,” introduced by Republican Representative Mike Gallagher (WI) and sponsored by Representatives Jared Golden (D-ME), John Moolenaar (R-MI), and Jimmy Panetta (D-CA), would give Chinese military firms identified by the US government 180 days to withdraw from the Russian market or face full blocking sanctions.

The bill comes amid growing concern in Washington over the volume of Chinese military-related goods flowing into Russia, which the State Department says is helping prop up Moscow’s economy and arming Russian forces in Ukraine.

“Any company aiding and abetting the horrors in Ukraine – as the Chinese defense industrial complex has done — deserves to experience the full force of American sanctions,” said Gallagher, the outgoing chairman of the House Select Committee on the Chinese Communist Party.

The legislation would also grant the US president broader authority to sanction Chinese firms involved in military modernization efforts, going beyond the current focus on human rights violations. It would also direct the Department of Defense to identify export-controlled technologies most at risk of diversion through the PRC and impose a new, stronger, country-wide control on the technology. It would mandate the Commerce Department to deny an export license.

Incoming committee chairman Moolenaar said the bill would “increase sanctions on military firms in China that partner with Russia” and make it more difficult for the two authoritarian powers to work together against American interests.

Golden emphasized that the bill is designed to ensure consequences for China enabling Russia’s “dangerous behavior” in Ukraine.

The bill is one of the many introduced related to or targeting China in recent years. While few make it to the final phase and become law, skepticism toward China and its actions on the global stage is one of the few issues that the two parties appear to agree on.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

First Majestic Q1 Earnings: A Bang Up Quarter

Copper’s Structural Shortage May Be Here to Stay | Colin Joudrie – Selkirk Copper

Why Barrick’s “Strong” Quarter Wasn’t So Strong | Q1 2026 Earnings

Recommended

Altamira Gold Extends Maria Bonita Footprint with 110 Metre Step-Out

Son of Mango Founder Arrested Over Billionaire Father’s Fatal Cliff Fall

Related News

Bank of Russia Indicates 33 Equities To Resume Trading On Moscow Exchange Thursday

The Central Bank of Russia this morning indicated that partial trading of securities is finally...

Wednesday, March 23, 2022, 12:42:00 PM

Global Investors Pouring More Cash Into US Than China

Although China’s economy fared considerably better than the rest of the world throughout the Covid-19...

Thursday, April 15, 2021, 10:42:00 AM

Russia Reportedly Planning To Swap Foreign Investors’ Frozen Assets With Their Own

Russia is considering a novel approach to resolving the issue of frozen assets held by...

Friday, August 25, 2023, 07:33:00 AM

Trump’s Tariff Was Able To Unite China, Japan, South Korea… Against It

China, Japan, and South Korea, three nations with a long history of political and economic...

Tuesday, April 1, 2025, 10:38:00 AM

Putin’s Latest Test Launch of Satan II Missile May Have Failed, Reports Say

Russia’s planned test of a nuclear-capable ballistic missile might have failed at launch, according to...

Wednesday, February 22, 2023, 07:34:36 AM