China's Economic War Preparations: Yesterday and Tomorrow ... Should other countries emulate what China is doing by ... Anti Anti-monopoly Law of the People’s Republic of China. The PRC Anti-Foreign Sanctions Law (AFSL) was promulgated on 10 June 2021 and took effect on the same date. We've developed a suite of premium Outlook features for people with advanced email and calendar needs. China’s Expanding Economic Sanctions Regime | Insights ... Interference in Hong Kong Affairs and Support for Anti-China, Destabilizing Forces ("Fact Sheet") which sets out a comprehensive chronological list of events detailing the United States' … For the first time in 30 years, the European Union has imposed … /TASS/. connection with targeted financial sanctions (TFS), which does not seem unreasonable within the context of Macao, China’s risks. Ray Xu. 1 of 2021 on Rules on Counteracting Unjustified Extra-territorial Application of Foreign Legislation and Other Measures, Article 2. Art. 12 of the Anti-Foreign Sanctions Law also sets a broad prohibition for individuals and organizations on “implementing or assisting in implementing the discriminatory restrictive measures taken by any foreign state”, without specifying these terms. 1 of the Anti-Foreign Sanctions Law, its purpose is to safeguard China's sovereignty, security and development interests and to protect the lawful rights and interests of Chinese citizens and organizations. Thank you, Minister. The NPC Standing Committee (NPCSC) concluded another busy session on Thursday, June 10 with the adoption of eight bills. Hong Kong’s Lam says she has ‘no other choice’ than to support China’s anti-sanctions law, despite delays by Selina Cheng 15:46, 24 August 2021 15:47, 24 August 2021 This comes after China’s passage of the Anti-Foreign Sanctions Law in early June, which formed a legal base for retaliatory and other foreign sanctions. Law of the PRC on Countering Foreign Sanctions ; Plan on Building the Rule of Law in China (2020–2025) Implementation Outline for the Establishment of a Rule of Law-Based Society (2020-2025) Law of the PRC on the National Emblem (2020 edition) Instead of unnecessary sanctions, lives must now be saved. It incorporated detailed comments by Jamie Horsley on that translation and a draft translation of the changes leading up to the … On March 22, 2021, the European Union (EU) and the governments of the US, Canada, and the UK concurrently imposed sanctions on individual Chinese officials and a Chinese entity based on findings of human rights violations in Xinjiang. A Microsoft 365 subscription offers an ad-free interface, custom domains, enhanced security options, the full desktop version of … Hong Kong Leader Supports Local Implementation of Sanctions Law. Most directly in June 2021, China adopted the Anti-Foreign Sanctions Law (AFSL) which provides a legal basis for China to adopt retaliatory measures against “discriminatorily restrictive measures” that are imposed on it. In addition, on December 2, 2019, MFA announced that China would impose sanctions on five U.S. NGOs for their involvement in the turmoil in Hong Kong (e.g. National Endowment for Democracy, National Democratic Institute, International Republican Institute, Human Rights Watch, Freedom House). Measures unspecified. Antitrust Law and the New Law of the People's Republic of China Tianlong Yu * I. Among other things, the Measures expand the scope of applicable entities, provide specific details of internal control and risk management … On 10 June 2021, the Standing Committee of China’s National People’s Congress promulgated the Anti-Foreign Sanctions Law (the ASL), which took effect on the same date. A Top Intellectual Property Law Firm, MMLC is focused on China Brands, Technology, Transactions, Corporate and International Trade. Anti–Foreign Sanctions Law Editor’s Note: We have posted a Twitter thread summarizing key provisions of this Law. The firm has been named China IP Law Firm and China TMT Law Firm of the Year several times over the last 20 years. Translation. This law, which had gone through two rounds of readings by the NPC before, did not have a public … The main purpose of the Law is to provide a legal basis for China to adopt retaliatory measures against any so-called “discriminatorily restrictive measures” that may be imposed by foreign countries against Chinese organizations and citizens (the “Foreign … The meeting was attended by representatives of 18 countries that promote multilateralism, compliance… At that time, China passed its first anti-sanctions law establishing an Unreliable Entity List i.e. China’s National People’s Congress has recently released a translation of the amended Patent Law. Wednesday, 7th July 2021. On June 10, 2021, the Anti-Foreign Sanctions Law of People’s Republic of China (the “ Anti-Foreign Sanctions Law ”) was adopted by the Standing Committee of the National People’s Congress (“NPC”) and signed into law by Chairman of the PRC. Expand your Outlook. 4 of 2020 on Provisions on the Unreliable Entity List, Article 2. INTRODUCTION On September 2, 1993, China's legislative body, the National People's Congress, passed the Anti-Unfair Competition Law of the Yet, Venezuela’s stunning economic unraveling, U.S.-imposed sanctions, and a new oil import tax imposed by China have called into question what the future holds for the alliance. China is now flexing its powers to impose censorship, of hard and soft varieties, beyond its own borders. The full text of the anti-foreign sanctions law is available on Page 3. MMLC's lawyers are well-known and highly respected in their areas of expertise. If parts of a document aren't showing a translation, it just means we haven't gotten to it yet! First, it creates a menu of countersanctions available to Chinese authorities—visa restrictions, asset and transaction blocks within China—taken straight from the U.S. sanctions playbook. Hungary rejects the sanctions policy! How China helps foreign influencers in the country who spread pro-China messages, funding their travel and generating lucrative, likely inauthentic, traffic — We are on the outskirts of Shanghai today at the most incredible hotel we've ever stayed at. This foreign policy will be “post-colonial” and “anti-racist” as well as feminist. The Committee on Foreign Investment in the United States (“CFIUS” or the “Committee”) is a U.S. government interagency committee that has the authority to review investments that provide a foreign person with control or, in some cases, certain non-controlling rights over a U.S. business and evaluate the extent to which such transactions raise national security concerns. ... We examine the scope of China’s Anti-Foreign Sanctions Law as political and economic tensions increase between Beijing and a number of foreign countries. While there are different interpretations of feminist foreign policy , the Greens note that the goal is “a world order in which conflicts are resolved not through the law of the strongest, but at the negotiating table.” On January 9, 2020, China’s Ministry of Commerce (MOFCOM) released the Rules to Counteract Extraterritorial Application of Foreign Legislation and Other Measures, laying out mechanisms for Chinese citizens, legal persons, or organizations to act when encountering “unjustified extra-territorial application of foreign legislation and other … While the U.S. recognizes only one China, it is required by law to provide Taiwan with the … 4 of 2020 on Provisions on the Unreliable Entity List, Article 2. China–Iran relations (Chinese: 中国–伊朗关系, Persian: روابط ایران و چین) refer to the economic, political, and social relations between China and Iran from the 1979 Iranian Revolution to the present. On September 24, 2021, the Chinese Ministry of Foreign Affairs ("MFA") released the Fact Sheet: U.S. Anti-Foreign Sanctions Law The ASL grants the Government of China the power to impose retaliatory sanctions in response to “discriminatory restrictive measures” that target Chinese citizens or which interfere with China’s “internal affairs”. The Anti-sanctions Law creates a new legal framework to combat foreign unilateral sanctions that purport to interfere in China’s internal affairs and certain illegal activities that may endanger China’s national sovereignty, security, and development interests. China Releases "Fact Sheet" on U.S.' Interference in Hong Kong. The Chinese text was retrieved on December 13, 2016, from the website of the Gaoxin District Branch of the Baoding Municipal Public Security Bureau in Hebei Province.. Criminal Law of the People's Republic of China This is not the official translation, but here are some noteworthy points: Article 3 says: The People’s Republic of China opposes hegemonism and power politics, and opposes any country’s interference in China’s internal affairs under any pretext and in any way. This upgraded method perhaps is one of the most ruthless methods. Background on the Anti-Foreign Sanctions Law. The Anti-Foreign Sanctions Law provides that “entities and individuals in China” shall comply with the Counter Measures, while “any entities or individuals” that fail to do so will bear corresponding liabilities. Beijing Raises the Stakes with New Anti-Sanctions Law, But Can China’s Counter-measures Succeed Where the EU and Others Have Failed? 4 MOFCOM Order No. The Standing Committee of China’s National People’s Congress passed new legislation on “countering foreign sanctions” on June 10. “This opens a new chapter in Germany-China relations,” said Janka Oertel, Asia director at the European Council on Foreign Relations. Second, it creates a formal statutory basis for the kinds of Chinese … … 1 In response, China’s Ministry of Foreign Affairs of China (MOFA) announced new … Members of China’s rubberstamp parliament, the National People’s Congress, swiftly approved an anti-foreign sanctions draft law on Thursday, just three days after they were given a draft of the bill. — It's the first in the world built inside a quarry. Russian President Vladimir Putin said at talks with US leader Joe Biden that sanctions don’t yield … [3] China’s Anti-Foreign Sanctions Law (unofficial English translation), Articles 11 and 12. 3 the Anti-Foreign Sanctions Law provides the legal basis for China to take corresponding countermeasures, … MMLC's lawyers are well-known and highly respected in their areas of expertise. This essentially means that when a sanctioning country bans or restricts Chinese operators from transacting with operators from third countries/regions outside the territory of the sanctioning country, China may choose to unilaterally nullify such bans/restrictions if it deems they are unjustified and in violation of international law. The sanctions were enforced under China’s new Anti-Foreign Sanctions Law that was passed last month and target Ross, who served in the Trump administration, along with the chair of the U.S.-China Economic Security Review Commission Carolyn Bartholomew, former staff director of the Congressional-Executive Commission on China Jonathan Stivers, and … This is not the official translation, but here are some noteworthy points: Article 3 says: The People’s Republic of China opposes hegemonism and power politics, and opposes any country’s interference in China’s internal affairs under any pretext and in any way. 2021/06/10 China Law Translate 5. Desmond Tutu, South Africa's anti-apartheid hero, dies at 90 Biden's Indo-Pacific framework may shape race with China in 2022 Worldly, charming and quietly equipping a brutal military Site Search. The Foreign Secretary with Nikita and Natalia Magnitsky and Bill Browder. It started from DigiChina’s translation of the first public draft of the law by Emma Rafaelof, Rogier Creemers, Samm Sacks, Katharin Tai, Graham Webster, and Kevin Neville in 2020. The law’s message is clear in declaring that by agreeing with U.S. and European Union sanctions on China, American companies face stiff sanctions in China. China’s Anti-Foreign Sanctions Law. Macao, China has a good understanding of the terrorist financing risk in its Non-Profit Organisation (NPO) sector and has conducted two risk assessments of the NPO sector. Policy measures (showing 5/79) Issues the "14th Five-Year Development Plan for Utilizing Foreign Capital" - 22/10/2021. The NPC passed China’s new blocking statute, the Anti-Foreign Sanctions Law 中华人民共和国反外国制裁法 on June 10, 2021. 12 However, liabilities for non-compliance with the In practice, the partnership consists of dozens of agreements in which Venezuela received cash … [5] MOFCOM Order No. FRESHLY BAKED: China has been slapping retaliatory sanctions on all sorts of people in Europe, but what’s the legal framework? The sanctions are the first by China under an anti-foreign sanction law passed in June and come just ahead of U.S. Deputy Secretary of State Wendy Sherman’s travels to China. The firm has been named China IP Law Firm and China TMT Law Firm of the Year several times over the last 20 years. Anti-Foreign Sanctions Law The ASL grants the Government of China the power to impose retaliatory sanctions in response to “discriminatory restrictive measures” that target Chinese citizens or which interfere with China’s “internal affairs”. In addition to the Anti-Monopoly Law itself, implementing rules and guidelines assist in the application and interpretation of the Anti-Monopoly Law (refer to the next section). Beijing is building the world’s most comprehensive data regulation regime, one that privileges national security in governing all types of data on digital networks. An unofficial English translation is now available on China Law Translate. Anti-Foreign Sanctions Law. (Art. Below, a rough English translation of the law's key parts. Here is an unofficial translation . A draft law on countering foreign sanctions was submitted Monday to the ongoing 29th session of the Standing Committee of the 13th National People’s Congress (NPC), China’s top legislature, for second reading. On June 10, 2021, China’s National People’s Congress Standing Committee passed the Anti-Foreign Sanctions Law (in English and Chinese), which immediately entered into force. “The anti-foreign sanctions law passed by the NPC aims to safeguard the country’s sovereignty, security and developmental interests,” Lam told reporters at … China Issues Blocking Rules to Counter Foreign Sanctions and Other Measures. （Adopted at the 29th Meeting of the Standing Committee of the Tenth National People’s Congress on August 30, 2007）. China’s new Anti-Foreign Sanctions Law (AFSL) (中华人民共和国反外国制裁法)[1] achieves two goals. 1 The Blocking Rules took effect … The law, … China Law & Practice Subscribers. Law of the PRC on Countering Foreign Sanctions . [4] MOFCOM Order No. An Anti-Unfair Competition Law Without a Core: An Introductory Comparison Between U.S. Based on Art. We consider this decision meaningless and harmful. Based on the existing wisdom on sanctions, China, having approved sanctions against the DPRK, has the same aims in authorizing them as other states in the UNSC. China has decided to impose reciprocal sanctions on five U.S. individuals per its Anti-Foreign Sanctions Law, Foreign Ministry spokesperson Zhao Lijian said Thursday. Ministry of Truth ... against individuals and businesses responsible for imposing foreign sanctions against China. The full text of the anti-foreign sanctions law is available on Page 3. The China Briefing team has produced a quick English translation of the PRC Personal Information Protection Law for your reference. 31 March 2021 By: Nathan Bush. The China–United States trade war (Chinese: 中美 贸易战; pinyin: Zhōngměi Màoyìzhàn) is an ongoing economic conflict between the People's Republic of China and the United States.In January 2018, U.S. President Donald Trump began setting tariffs and other trade barriers on China with the goal of forcing it to make changes to what the U.S. says are "unfair trade … 1.) Sep.28.2021. Lastly, existing legislation such as, the Anti-Unfair Competition Law, Price Law, Bidding Law, Contract Law and Foreign Trade Law remain in force. Adopts Anti-Foreign Sanctions Law - 10/06/2021. Psaki said Friday there are no changes to Sherman’s planned trip. Comprised of 16 articles, the AFSL sets out an overarching framework for further developing a legal toolkit for China to resist foreign sanctions. Answer (1 of 7): I found a translation of an analysis of the Anti-Foreign Sanctions Law by a China analyst. Obligations of companies including Chinese subsidiaries of foreign companies; Right of recovery; Interaction with the Unreliable Entity List; Interaction with the new Anti-Foreign Sanctions Law; What your organization should do; 2:00: Resolving Complex Due Diligence Challenges on Existing or New Opportunities When Working with China The official release of the Export Control Law of the People’s Republic of China (the “Export Control Law”) on 17 October 2020 marks the beginning of a new phase in China's export control legislation - from law-making to law enforcement. State-owned China Mobile, China Telecom, and China Unicom dominate the mobile market,1 though the government has authorized new players to enter the sector over the past few years.2 In January 2019, BT (formerly British Telecom) became the first foreign telecommunications company to receive permission to provide internet services across the country.3 In September … I have not heard of any cases of the MOFCOM order being used, but clearly China felt the need to upgrade it into a law, so let’s see. China has decided to impose reciprocal sanctions on five U.S. individuals per its Anti-Foreign Sanctions Law, Foreign Ministry spokesperson Zhao Lijian said Thursday. The administrative measures were reinforced with a new Anti-Foreign Sanctions Law promulgated by the National People’s Congress on June 10, 2021. China’s Anti-Foreign Sanctions Law seems broad, yet unclear. On June 10, 2021, the People’s Republic of China adopted the Anti-Foreign Sanctions Law (the “Law”). On June 10, 2021, the final version of Data Security Law ( DSL) of the People’s Republic of China was published, and the DSL will take effect Sept. 1, … A Premium Subscription Provides: A database of over 3,000 essential documents including key PRC legislation translated into English; A choice of newsletters to alert you to changes affecting your business including sector specific updates China's anti-sanctions law a new headache for banks in Hong Kong Read the print edition on any digital device, available to read at any time or download on the go 5 international editions available with translation into over languages FT Magazine, How to Spend It magazine and informative supplements included Access 10 years of previous editions and China’s New Blocking Statute Comes into Effect By Mark Cohen （柯恒） on 2021/06/11 The NPC passed China’s new blocking statute, the Anti-Foreign Sanctions Law 中华人民共和国反外国制裁法 on June 10, 2021 (the “Law”). First, it creates a menu of countersanctions available to Chinese authorities—visa restrictions, asset and transaction blocks within China—taken straight from the U.S. sanctions playbook. For more than 20 years, Venezuela has been China’s closest ally in Latin America. Please refer to the answer to question 2.1 for detailed discussion. Friday, September 17, 2021. But Jaishankar’s most important appointment was his chairing of the Russia-India-China (RIC) Foreign Ministers’ Meet, which was held by video link on Friday 26 November. 2. Asked how urgently Korean companies should be prepared for the Anti-Foreign Sanctions Law, Park speculated it will depend on when the … The First Ministerial Meeting of the Group of Friends in Defense of the United Nations Charter, also know as the UN Anti-Sanctions Group, was held this Thursday, September 23, in New York, USA, at the Venezuelan Diplomatic Mission to the United Nations. August 23, 2021 by China Briefing Reading Time: 9 minutes. 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