China rushes for anti-sanction law to counter US and EU sanctions.
Foreigners could be placed on an anti-sanctions list and denied entry into China or expelled from the country.
China has passed a law against foreign sanctions after the united states and the EUROPEAN union's pressure on the retail, technology, Hong Kong, and Xinjiang.
Individuals or organizations that engage in, or out, of the discriminatory measures against Chinese nationals or organisations, may be placed at the anti-sanctions list, and they will get denied for a year in China, or they can be expelled from the country. Of their assets, in China, it can be seized or frozen, and they may be prohibited from doing business there.
China's top legislature, the Standing Committee of the National people's congress (NPC) passed the law on Friday, the state-owned broadcaster china central television (CCTV reported.
14 of the committee, the vice-president, is under U.S. sanctions, in order to develop a national security law in Hong Kong last year, which critics say undermine the political freedoms of its citizens.
The united states and the soviet union, often imposing sanctions on Chinese officials to appeal to China's Muslim Uighur minority in Xinjiang, and of Hong Kong's pro-democracy activities, is the reason for the counter-sanctions imposed by the chinese government. Washington has also targeted Chinese companies such as Huawei and ZTE for violating U.S. sanctions against Iran and north Korea.
The bill was passed in secret, in a first reading in April, and was passed on Thursday, just two days later, in the NPC, said that, on the second reading of the bill. He missed out on the third reading, it's usually the other needed them for the invoices.
The european Union Chamber of commerce, said its members were concerned about the lack of transparency in the bill have been adopted.
In my opinion, China is in a hurry. They do not trigger the attraction of foreign direct investment, and panthenol, companies that know the more they use their will to be a sacrifice, as pawns in a political game of chess, " says Chamber of commerce President Joerg Wuttke.
Foreign companies wishing to do business in China to meet the growing scrutiny from Chinese regulators about its business, both locally and abroad, " says Mr Wu, a partner at the law firm of Paul Hastings.
Chinese experts are claiming that Beijing took on a role in the governance of the united states and the EUROPEAN union.
"China in the past did not have the economic power, and not the political will to use legal means to fight back against US sanctions. Now, both of us," said Wang jianyu is a professor of law at the University of Hong Kong.
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