Beijing prepares for further rounds of sanctions

China is preparing for further disputes with the US and EU by changing its law. „Meanwhile, we believe it is necessary for the country to have specific laws to counter foreign sanctions so that we have a legal basis for taking countermeasures,“ government spokesman Wang Wenbin said on Thursday. In the meantime, state broadcaster CCTV reported that the Standing Committee of the National People’s Congress had already passed the law. It aims to defend the state against „unilateral and discriminatory“ sanctions. Details of the amendment were still vague.