China’s Rare Defiance of US Sanctions Sparks Showdown Over Banks


“Judging by its specific provisions, the prohibition order primarily targets the concrete US sanctions imposed on particular Chinese firms,” Ji Wenhua, a law professor and adviser to the Commerce Ministry, wrote in an opinion piece for the state-run Economic Daily. “Its central objective is to nullify their legal effect within Chinese territory, rather than simultaneously resorting to more aggressive retaliatory measures.”



Source link

  • Related Posts

    FBI director slams sheriff over Nancy Guthrie case

    IE 11 is not supported. For an optimal experience visit our site on another browser. Firefighters return American flag in moving act of patriotism 01:23 Backlash from Democrats over GOP…

    Standstill in Indian Gold Imports Drags On and Threatens Supply

    (Bloomberg) — Indian banks have been unable to import gold and silver for five weeks, an unusually long halt that’s pushing up domestic prices and threatening shortages in the world’s…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    FBI director slams sheriff over Nancy Guthrie case

    FBI director slams sheriff over Nancy Guthrie case

    Polanski accuses Times of ‘scraping the barrel’ over his claim to be charity spokesperson – UK politics live | Politics

    Polanski accuses Times of ‘scraping the barrel’ over his claim to be charity spokesperson – UK politics live | Politics

    Nuro Approved To Test Its Driverless Uber Robotaxis On California Roads

    Nuro Approved To Test Its Driverless Uber Robotaxis On California Roads

    Why NATO Countries Are Racing to Replace Their Ageing Fighter Fleets

    Why NATO Countries Are Racing to Replace Their Ageing Fighter Fleets

    Trump Again Shifts U.S. Focus on Strait, Pausing Day-Old Escort Mission

    Trump Again Shifts U.S. Focus on Strait, Pausing Day-Old Escort Mission

    Ahmedabad, not Bengaluru, to host IPL 2026 final

    Ahmedabad, not Bengaluru, to host IPL 2026 final