China has implemented new rules designed to shield its companies from “unjustified” sanctions, as it seeks to counter a flurry of punitive measures issued by US President Donald Trump over recent years.
The regulations, unveiled by the commerce ministry at the weekend, prohibit Chinese companies and individuals from complying with punitive measures mandated by foreign governments and take effect immediately.
Companies complying with sanctions deemed illegal by the commerce department could also be sued for compensation in Chinese courts, potentially exposing foreign investors to significant liabilities in one of their biggest markets.
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