On January 9, the Ministry of Commerce announced the Rules on Counteracting Unjustified Extra-territorial Application of Foreign Legislation and Other Measures, which will be implemented immediately. The measures are applicable to the extraterritorial application of foreign laws and measures violating the basic norms of international law and international relations and improperly prohibit or restrict Chinese citizens, legal persons or other organizations from carrying out normal economic and trade and related activities with third countries (regions) and their citizens, legal persons or other organizations. The competent department of commerce shall assess and confirm the existence of improper extraterritorial application of relevantRead More →
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