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ARTICLE · 27 JANUARY 2022

PRC Legal Update: Anti-Foreign Sanctions Law

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The Chinese Ministry of Commerce released Measures for Counteracting the Unjustified Extraterritorial Application of Foreign Laws and Other Measures (the "Blocking Statute")

GlobalInternational Law
Nikolaj Juhl Hansen
Nikolaj Juhl Hansen
Natalie Pu
Natalie Pu

The Chinese Ministry of Commerce released Measures for Counteracting the Unjustified Extraterritorial Application of Foreign Laws and Other Measures (the "Blocking Statute") on 9 January 2021 and the Provisions on the Unreliable Entity List on September 19, 2020.

However, both rules are administrative regulations ranking in the low-medium end of the hierarchy of laws. With this background, the Standing Committee of the National People's Congress promulgated the Anti-foreign Sanctions Law (the "Law") on 10 June 2021, as a high level piece of legislation in this area, which takes a significant step forward in upgrading China's current legislation landscape to counter sanctions and export control imposed by foreign countries. The Law came into effect on the enactment date.

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