China claims virtually all of the potentially energy-rich South China Sea, but Brunei, Malaysia, the Philippines, Taiwan and Vietnam also lay claim to parts of an area through which about $3 trillion of trade passes each year.
WASHINGTON: The United States on Wednesday blacklisted 24 Chinese companies and targeted individuals it said were part of construction and military actions in the South China Sea, its first such sanctions move against Beijing over the disputed strategic waterway.
The U.S. Commerce Department said the two dozen companies played a "role in helping the Chinese military construct and militarize the internationally condemned artificial islands in the South China Sea."
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