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China issues new rules in response to foreign sanctions on Chinese firms

2021-01-10 09:45:03       source:CGTN

January 9, 2021

China's Ministry of Commerce on Saturday published new rules that prohibit companies from complying with foreign laws banning transactions with Chinese firms.

The ministry said the order on "unjustified extraterritorial application of foreign legislation" takes effect immediately. 

The ministry published the "Rules on Counteracting Unjustified Extra-territorial Application of Foreign Legislation and Other Measures" on its website.

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