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China's New rules: a response to external pressure


Mars, 24 2025
watermark Economic news

Chinese Premier Li Qiang has approved new measures to strengthen counteraction to foreign sanctions. These rules relate to the implementation of the law on combating foreign sanctions, which was adopted in 2021. Representatives of foreign countries working in the fields of education, science, technology, law, ecology, economics, trade, culture, tourism, healthcare and sports may be subject to restrictions.


The document provides for a ban on the export and import of goods and technologies to ensure compliance with countermeasures. The law, adopted on June 10, 2021, gives Beijing the right to add individuals and legal entities involved in discriminatory actions against China to the sanctions list. These individuals may be expelled, denied the right to enter, their assets in the country are frozen, and cooperation with Chinese residents is prohibited.


During the first presidency of Donald Trump, the United States repeatedly imposed sanctions against Chinese companies and officials. Since 2022, secondary measures have been added to them against organizations cooperating with Russia. It is not yet known whether Trump will remain on course if he returns to power, but this issue is likely to become central to the upcoming leaders' meeting.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.