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China hits back at foreign sanctions, prohibits firms from complying with international laws Updated Jan 10, 2021 | 07:53 IST Analysts said that the new measures would squeeze multinational companies between duelling compliance regimes, with firms wondering whether they should choose sides. Representational image  |  Photo Credit: PTI Beijing, China: China on Saturday issued a new order prohibiting firms from complying with foreign laws that ban transactions with Chinese companies and individuals, effective immediately. The so-called Rules on Counteracting ...

China hits back at foreign sanctions, prohibits firms from complying with int'l laws ANI | Updated: Jan 10, 2021 06:21 IST Beijing [China], January 10 (ANI): China on Saturday issued a new order prohibiting firms from complying with foreign laws that ban transactions with Chinese companies and individuals, effective immediately. The so-called Rules on Counteracting Unjustified Extraterritorial Application of Foreign Legislation and Other Measures apply to circumstances that 'improperly prohibit or restrict' Chinese individuals, companies, and institutions...