Hey fam, major update from the Chinese mainland! Chinese Premier Li Qiang has signed a State Council decree introducing a new regulation on implementing the anti-foreign sanctions law. This regulation, packed with 22 articles, is set to take effect on Monday and is designed to strengthen countermeasures with a clear, detailed approach.
What’s the lowdown? Essentially, the new law authorizes state departments to seize, detain, or freeze assets related to prohibited transactions and activities. In other words, if specific actions go against the law, expect strict measures to be enforced!
The regulation also refines countermeasure procedures and reinforces coordination among various departments. Plus, organizations and individuals hit by these measures can request a review to suspend, modify, or cancel the sanctions if they promptly address the issues.
Think of it like leveling up in a game—this measure is a decisive move to ensure everyone plays by the rules. Stay tuned for more updates and keep it locked here for all the fresh, youth-focused news!
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Reference(s):
China unveils regulation on implementing anti-foreign sanctions law
cgtn.com
