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China Moves Forward With Law Aimed at Countering U.S. Sanctions

  • Chinese lawmakers file new draft of anti-sanctions legislation
  • Beijing is seeking ways to hit back at Washington amid rivalry
Containers Port In Shanghai Ahead of Trade Figures
Photographer: Qilai Shen/Bloomberg
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Chinese lawmakers are making progress on legislation to retaliate for foreign sanctions amid a growing rivalry with the U.S.

A National People’s Congress committee filed the second draft of legislation aimed at countering sanctions imposed by foreign governments, the official Xinhua News Agency reported late Monday. Xinhua didn’t give details, but said the legislation would provide legal backing for countering “discriminatory measures by a foreign country in accordance with the law.”