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Client Alert China’s milestone in counteraction against unilateral foreign sanctions: anti-foreign sanctions law

On an urgent necessity to mainly counter the interference with China’s internal affairs and unilateral sanctions on China imposed by some foreign countries, the PRC Standing Committee of the National People’s Congress (“NPC”) adopted on 10 June 2021 the Anti-Foreign Sanctions Law of the People’s Republic of China (“AFSL”) which was rushed into force on the same day.

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