Clifford Chance
China Introduces Anti-Foreign Sanctions Law
5 July 2021
The PRC Anti-Foreign Sanctions Law (AFSL) was promulgated on 10 June 2021 and took effect on the same date. Comprised of 16 articles, the AFSL sets out an overarching framework for further developing a legal toolkit for China to resist foreign sanctions. This is an effort to systematise the ad hoc sanctions imposed by the PRC government on foreign individuals and organisations, and in furtherance of the Blocking Statute and the Provisions on the Unreliable Entity List promulgated by the PRC Ministry of Commerce (MOFCOM) in January 2021 and September 2020 respectively. In this briefing, we highlight the key issues arising under the AFSL.
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