InvestmentsTop Global NewsMarketsReal Estate US imposes sanctions on Chinese officials, oil giant over South China Sea ‘coercion’ By financialnews_rlv83x - January 14, 2021 0 45 The United States announced sanctions on Chinese state-owned enterprise and military officials on Thursday and added Chinese oil giant CNOOC to a blacklist, accusing them using coercion against states with rival claims in the South China Sea.