China's New Anti-Foreign Sanctions Law Sends A Chill Through The Business Community
It's not clear how often or how broadly China will use the law. But by complying with U.S. sanctions on China, businesses could face tough sanctions in China as a penalty for doing so.
BEIJING – Over the last three years, the U.S. and the European Union have imposed a series of sanctions on Chinese officials and companies. Now China has created a new legal tool to hit back.
Organizations with a foot in both the United States and China may face a tough choice going forward: By complying with American sanctions on China, they face the possibility of tough sanctions in China as a penalty for doing so.
On Thursday, Beijing a sweeping new law designed to counter
