CHINA has enacted a law to counter foreign economic sanctions while resisting US and EU pressure over trade, technology, Hong Kong, and Xinjiang, Reuters reports.
Organisations involved in discriminatory practices against Chinese citizens or entities could be put on an anti-sanctions list under the new rule.
Listed entities could be denied entry or be expelled from China. Their assets may be withheld, and they could be restricted from doing business in China.
The new law intends to provide predictable measures for China to retaliate against foreign sanctions, declared the standing committee of National People's Congress (NPC).
SeaNews Turkey
Organisations involved in discriminatory practices against Chinese citizens or entities could be put on an anti-sanctions list under the new rule.
Listed entities could be denied entry or be expelled from China. Their assets may be withheld, and they could be restricted from doing business in China.
The new law intends to provide predictable measures for China to retaliate against foreign sanctions, declared the standing committee of National People's Congress (NPC).
SeaNews Turkey