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Western governments & businesses are about to feel the heat of Chinese countermeasures against sanctions... and they won’t like it

13 23 0
10.06.2021

On Thursday afternoon the Standing Committee of China’s National People’s Congress passed its new counter-sanctions bill, a piece of legislation which, as the name suggests, aims to codify China’s own countermeasures to Western-induced sanctions against its officials and companies, which have been growing in scope.

Although the specific details of the bill are yet to be released, it is known that impacted parties will be able to legally seek compensation. The legislation was originally prepared last year but put on hold in anticipation of what the Biden administration would do; it is now proceeding, as the new president has only served to continue with and expand on Trump’s tough stance against China.

China has, of course, already began to utilize its own measures in response to actions from the West, having responded to coordinated sanctions over Xinjiang in March by blacklisting a number of UK and EU institutions and representatives, as well as also having sanctioned swathes of former Trump administration officials, including Mike Pompeo, Matthew Pottinger, and Peter Navarro, days after they left office.

As described by experts, the new counter-sanctions bill is designed to attempt to legally codify China’s sanctions and to create a toolbox that will allow it to respond to the West in a defensive but more direct manner – yet what it will wholly consist of otherwise........

© RT.com


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