China Expands Anti Sanctions Toolkit, Raising Risks for Foreign Firms China's latest move to expand its arsenal of anti sanctions measures has raised concerns among foreign companies operating in the country.
Beijing is pushing back against Western sanctions and export controls by introducing new regulations that allow it to retaliate against entities deemed to have threatened China's supply chain security or enforced sanctions with "improper extraterritorial jurisdiction.
" The new regulations, which took effect in March, aim to deter foreign companies from implementing measures that could be seen as infringing on Chinese sovereignty.