A Car Drives by CNOOC Headquarters in Beijing, China

A car drives by China National Offshore Oil Corporation's (CNOOC) headquarters in Beijing on Saturday, January 16, 2021. Executives of state-owned enterprises (SOE), officials of the Chinese Communist Party and military, along with oil giant CNOOC will face new restrictions and sanctions by the U.S. for allegedly using coercion against countries with rival South China Sea claims. Photo by Stephen Shaver/UPI