Well-known Chinese news site Sina (NASDQ: SINA) recently reported that the Chinese Standing Committee of the National People’s Congress plans to speed up the process of creating new laws that focus on anti-sanctions, anti-interference, and anti-long-arm-jurisdiction. This was in response to the call Xi Jinping made in November 2020, asking law makers to “push forward” on the front of the “foreign-related rule of law.” With the background of the U.S. rallying allies together against communist China, international political analysts expressed the belief that part of China’s strategy is to “use the rule of law to oppose the rule of law.” China expects its new “legal weaponry” will “deter” the West. One of the biggest legal problems China faces today is the application of the U.S. domestic law in China, such as in the case of Huawei. It appears that the new “legal battlefield” is now open for business in the U.S.-China strategic competition.
Source: Sina, March 10, 2021
https://finance.sina.com.cn/jjxw/2021-03-10/doc-ikknscsi0440686.shtml