Stock

Chinese language lawmakers move US sanctions regulation

© Reuters. Chinese lawmakers pass US sanctions law

(Bloomberg) – Leading Chinese lawmakers have passed law designed to give the country more tools to fight back in its growing rivalry against the US

The law was passed by the Standing Committee of the National People's Congress on Thursday, state broadcaster China Central Television said.

China is keen to find new ways to resort to the US and other Western countries in the face of tensions on a number of issues. Li Zhanshu, chairman of China's Supreme Legislature, said in a March report the nation will "upgrade our challenge and risk management tools to face foreign sanctions, interference and long-armed jurisdiction."

Disclaimer: Fusion Media would like to remind you that the data contained on this website is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. Therefore, prices may not be accurate and may differ from the actual market price, meaning that prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may incur as a result of using this data.

Fusion Media or any other person involved in Fusion Media assumes no liability for any loss or damage that might arise from reliance on the information contained on this website, including data, prices, charts and buy / sell signals. Please inform yourself fully about the risks and costs associated with trading in the financial markets, as this is one of the riskiest forms of investment.

Related Articles