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Saturday, January 30, 2021
Volume:
37
Issue:
2
Abstract:
On January 9, 2021, the Ministry of Commerce of the People’s Republic of China (the “MOFOCM”) promulgated MOFOM Order No. 1 of 2021 on Rules on Counteracting Unjustified Extraterritorial Application of Foreign Legislation and Other Measures (the “Blocking Statute). On January 21, the spokesperson of the Ministry of Foreign of Foreign Affairs for the PRC announced the China imposed sanctions on former U.S. Secretary of State Michael Pompeo and 27 other U.S. officials.