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European companies concerned over China s anti-sanctions la
10 Jun 2021, 07:37 GMT+10
Beijing [China], June 10 (ANI): European companies have expressed discontent over a new Chinese anti-sanctions law, saying they are alarmed by the lack of transparency in the process.
The law is expected to pass on Thursday at the closing session of the National People s Congress Standing Committee.
According to South China Morning Post, this will be the first major legal move by Beijing to retaliate against sanctions imposed by Western nations over China s handling of Xinjiang and Hong Kong. European companies in China are alarmed by the lack of transparency in this process - the first reading was never announced, and there is no draft to examine, said Joerg Wuttke, president of the European Union Chamber of Commerce in China.