China expands anti-sanctions toolkit, raising risks for foreign firms
AI Summary
China is expanding its anti-sanctions toolkit to counter US and EU sanctions and export controls. The new measures raise risks for foreign firms operating in or with China as Beijing strengthens its retaliatory capabilities.
Beijing is rolling out measures to expand its ability to hit back at US and EU sanctions and export controls.
World Politics Markets Commodities China sanctions US sanctions EU sanctions export controls foreign firms retaliation