China’s immediate action to prevent new sanctions
report Mehr News Agency Reuters Signed an order to enforce new laws to strengthen its countermeasures against foreign sanctions.
These laws are related to the implementation of China’s foreign sanctions law, which was passed in year 6. The law states that individuals or institutions involved in the creation or implementation of discrimination against citizens or Chinese institutions can be listed by the Chinese government.
People on the list may be deprived of entering China or expelled from China. Their assets in China may be seized or blocked and prohibited from doing trade with institutions or individuals in China.
New regulations explain the sections in which the participation of individuals and foreign organizations can be restricted. These sectors include education, science and technology, legal services, environmental protection, economics and commerce, culture, tourism, health and sports.
These regulations also state what the Chinese government can take to carry out interactions, including banning or restricting individuals and organizations from importing and exporting related goods and technologies.
In recent years, China has struggled with trade restrictions and investment in major Western markets. US President Donald Trump has imposed 5 % of extra tariffs on Chinese goods since February, and is likely to impose more tariffs in early April.
In response, China has imposed mutual tariffs, limiting exports of some sources, including rare earth elements, and has launched research against foreign companies.
According to Reuters, the foreign sanctions law is another tool that China can use to push foreign governments back because of the violation of what its right to develop.
