New Developments in Targeted Sanctions and China's Response

Abstract

Targeted sanctions, as an important means of unilateral sanctions, cause great damage to the property of enterprises and citizens of the sanctioned countries. Targeted sanctions not only increase the insecurity between two countries, but also greatly hinder the development of cross-border trade. The successive introduction of China's Measures of Obstruction and Anti-Foreign Sanctions Law has to a certain extent alleviated the negative impact of targeted sanctions on the investment of foreign-related enterprises and citizens in China. However, the problems of anti-targeted sanctions such as the comprehensiveness of the legislation, the coordination of its application, and the procedural safeguards against targeted sanctions still exist. This paper starts from the legal path of China's response to targeted sanctions and combines the experience of foreign counter-sanctions. It analyzes the deficiencies in China's legal path to deal with U.S. targeted sanctions and puts forward countermeasures.