News

China moves forward with law aimed at countering US sanctions – Bloomberg

A National People’s Congress (NPC) committee filed the second draft of legislation aimed at countering sanctions imposed by foreign governments, in light of the country’s growing rivalry with the US, Bloomberg reports, citing the official Xinhua News Agency.

Key takeaways

“The legislation would provide legal backing for countering “discriminatory measures by a foreign country in accordance with the law.”

“The NPC’s 175-member standing committee is meeting until Thursday in Beijing.”

“The Global Times said it expects the draft law to be put up for a vote soon.”

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