China approves new law to counter foreign sanctions


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China passed a law on Thursday to counter foreign sanctions, giving legal basis for the country to counter discriminatory measures from a foreign country.

China’s top legislature, the National People’s Congress standing committee, passed the law on Thursday. Individuals or entities involved in making or implementing discriminatory measures against Chinese citizens or entities could be put on an anti-sanctions list by a “relevant department” in the Chinese government.

Those on the list may be denied entry into China or expelled from China. Their assets within China may be seized or frozen. They could be restricted from doing business with entities or people within China.



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