Flags on the Bund in Shanghai. Photo: EPA-EFE

Topic

China’s anti-sanctions lawi

Latest news and updates on China’s new anti-sanctions law, which provides a legal framework for retaliation and allows Chinese firms to seek compensation over foreign sanctions.

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  • The country needs experienced professionals as it takes on bigger role in international law enforcement, according to top prosecutor
  • Analysts say Beijing wants people who can handle ‘complex multi-jurisdictional matters’ amid growing competition with West
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Washington says it has frozen the assets of a former prefectural police chief and a United Front Work Department cadre, actions Beijing says the action amounts to gross interference in China’s internal affairs.

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The new Foreign Relations Law is Beijing’s latest legal weapon against sanctions, foreign interventions, and further consolidates Communist Party’s control.

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Chinese companies could find themselves subject to huge fines and penalties for breach of sanctions if they work with targeted entities.

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Wider law enforcement and judicial cooperation in bilateral and multilateral ties are important for national security, Chinese president tells Politburo.

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Law passed by National People’s Congress Standing Committee can apply to individuals, their relatives and organisations, Hong Kong delegate Tam Yiu-chung says.

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The EU Chamber of Commerce in China expresses concern at lack of transparency and says the measures are ‘not conducive to attracting investment’.

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Chief Executive Carrie Lam accuses Western countries of violating international norms with their own sanctions, saying new law will give foreign governments ‘a taste of their own medicine’.

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