China’s new rules on ‘unjustified’ foreign laws bolster ability to strike back at US long-arm jurisdiction

Jan 13, 2021 | INVESTING

New rules strengthening China’s ability to strike back at “unjustified” foreign laws applied to citizens and businesses have been hailed as a necessary step to defend national interests, following a rash of sanctions from Washington on Chinese tech firms and politicians.However, analysts do not expect any cases in the immediate future as the order lacks details and is seen largely as a defensive mechanism.The rules on “counteracting unjustified extraterritorial application of foreign…

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