Henry Gao
It has been 3 months since China issued its Blocking Statute yet it has never been used. But this may change now. At a press con held on Mar 25, MOFCOM spokesperson mentioned, in response to a question on the US sanctions on Iran, that China would:
Henry Gao
MOFCOM just issued its first order for 2021: Rules on Counteracting Unjustified Extra-territorial Application of Foreign Legislation and Other Measures. Key message: We are going to prohibit firms from complying with foreign laws prohibiting transactions with Chinese firms.
