Caught in the crosshairs: China’s pushback against US sanctions signals tougher era for global business

AI Summary

China's introduction of 'Blocking Rules', in response to US sanctions, marks a significant shift in global business dynamics. This enforcement action highlights the escalating tension between the two economic powers, impacting multinational companies.

China has invoked its “Blocking Rules” for the first time to counter US sanctions, marking a shift from rhetoric to enforcement, leaving companies caught between conflicting legal systems.