链研社
链研社|Mar 24, 2025 15:54
On March 24th, Li Qiang signed a State Council order announcing the "Provisions on the Implementation of the Anti Foreign Sanctions Law of the People's Republic of China", which clearly stated that "no organization or individual shall execute foreign judgments". If a company suspends cooperation with China due to foreign laws, it may be recognized by China as assisting in sanctions and face consequences such as asset freezing, transaction bans, and litigation compensation. At the same time, the scope of asset freeze includes not only cash, deposits, and equity, but also intellectual property and accounts receivable, almost encompassing all forms of assets. How powerful is this policy?
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