China Imposes New Rules to Block Foreign Companies From ‘Decoupling’

Posted 3 hours ago by

DNyuz

As China’s mammoth trade surplus stokes global tensions, Beijing has enacted sweeping new regulations to investigate and punish foreign companies that stop using Chinese suppliers in response to political pressure at home. Foreign business groups expressed strong concern about the vaguely worded rules, which took effect when Premier Li Qiang signed them on April 7.