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19.07.2024
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China has adopted a law on countering foreign sanctions

3b6233c7adb49d586d6a8f21840Standing Committee of the National People's Congress (NPC, Parliament) China has approved a bill on countermeasures in response to the sanctions of foreign states.

The act was adopted during the 29th session of the NPC Standing Committee of the 13th convocation. The text of the law has not yet been published. In addition to it, the parliamentarians also adopted the law on digital security, the law on stamp duty and a number of other acts.

On June 8, Chinese Foreign Ministry spokesman Zhao Lijian confirmed the intention of the Chinese authorities to consider a draft law on countermeasures in response to sanctions imposed by the United States and other Western countries.

Earlier this year, the authorities of the United States and several European countries approved sanctions against individuals and companies in China involved, in their opinion, in the "persecution of the Uighur Muslim minority in the Xinjiang Uygur Autonomous Region." In addition, the White House has increased sanctions pressure on Beijing and Hong Kong due to the adoption of the national security law in this special administrative region and the reform of the local electoral system.