08.06.2021
Professor Jiangyu Wang, Director of the CCCL explained that since the new anti-action law is promoted to national law, it is more powerful than legislation issued by the ministry. He underscores that if China has a political will to implement the new anti-action law, it certainly will be effective. Hence, there is a favourable opportunity for China to keep pace with the US markets. Read the full article here: Ng Kang-chung and Tony Cheung, “China unveils new legal weapon to hit United States and other Western rivals with tougher sanctions”, South China Morning Post, 8 June 2021 <https://www.scmp.com/news/hong-kong/politics/article/3136402/china-unveils-new-legal-weapon-hit-united-states-and-other>.