Posted on 06/10/2021 11:07:39 PM PDT by blueplum
China passed a law on Thursday to counter foreign sanctions, as it strives to resist U.S. and EU pressure over trade, technology, Hong Kong and Xinjiang.
Individuals or entities involved in making or implementing discriminatory measures against Chinese citizens or entities could be put on an anti-sanctions list by a "relevant department" in the Chinese government.
Those on the list may be denied entry into China or be expelled from China. Their assets within China may be seized or frozen. They could be restricted from doing business with entities or people within China.
The new law is China's latest and most wide-ranging legal tool to retaliate against foreign sanctions...
...The European Union Chamber of Commerce said its members are alarmed at...
(Excerpt) Read more at reuters.com ...
Time to seize everything China has in the US.
USA made China thinking it would become a democracy. The democracy agenda is a farce.
Yes, and prohibit any American entity from doing business there.
And cancel all our debt to China. (COID reparations.)
And arm Taiwan.
That’s in part because at the G7 there’s a big push to counter China’s Belt and Road Initiative with A Green Energy Initiative which would get countries on board who are disillusioned by China’s Initiative.
That's code for nationalizing all foreign owned stocks and investments. Play with a socialist dragon, expect to get burned.
Those on the list may be denied entry into China or be expelled from China. Their assets within China may be seized or frozen. They could be restricted from doing business with entities or people within China.”
US multinationals will have only themselves to blame knowing when push comes to shove between the US and China the CCP will confiscate all their China based assets and plants
The irony is that China is aping after US Congress on that. Ask Russian ‘oligarchs’ invested in US and UK.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.