国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Opinion Line

Time is ripe to counter US' 'long-arm jurisdiction'

By Qiao Xinsheng | chinadaily.com.cn | Updated: 2021-01-11 13:42
Share
Share - WeChat
[Photo/IC]

China's Ministry of Commerce issued the "Rules on Counteracting Unjustified Extra-territorial Application of Foreign Legislation and Other Measures" on Saturday, and said the order would take effect immediately.

It is common knowledge that international trade is challenged by rising unilateralism and protectionism. Some countries, especially the United States, "unjustifiably" prohibit some Chinese citizens, legal persons and other organizations from engaging in normal economic and trade activities with a third nation or region.

With this background, China's Ministry of Commerce decided to promulgate rules to protect the legitimate rights and interests of Chinese enterprises and citizens.

Blocking improper extraterritorial application of foreign laws and measures is not unique to China. The European Union, Canada and Mexico have formulated similar legislation. Since the 1990s, the United Nations has asked countries to revoke improper extraterritorial application of foreign laws and called for members to refuse to apply such legislation.

However, because the US and a few other countries have a dominating say in international trade and investment, they frequently apply their own laws and measures to foreign enterprises and individuals, sometimes even a sovereign country. Moreover, the US usually monitors financial activities of other countries' enterprises and individuals, blocks their accounts and imposes sanctions on them.

This unilateralism and hegemonic activity reflects the unfairness some powers bring to international society. So China issued rules, formulated in accordance with law, for the purpose of counteracting the impact on China caused by unjustified extraterritorial application of foreign legislation and other measures.

In the past, although China demonstrated solemn stands against the improper extraterritorial application of foreign laws and measures, it could not recover the financial losses of Chinese enterprises. But with the application of the new rules, those who are affected can institute legal proceedings in a people's court and claim judicial relief. Related governmental departments may also support those enterprises when needed.

All in all, the rules will have a very positive effect on the protection of Chinese enterprises and individuals.

The author is a professor at the law school at the Zhongnan University of Economics and Law.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
台湾省| 高平市| 建湖县| 彰武县| 历史| 平塘县| 崇义县| 张家口市| 天峻县| 县级市| 九江市| 沙田区| 红原县| 桦南县| 石泉县| 淮南市| 榆中县| 石台县| 洱源县| 长春市| 宜州市| 朔州市| 咸丰县| 同心县| 厦门市| 开远市| 廊坊市| 上饶县| 文山县| 左云县| 龙岩市| 巴中市| 墨玉县| 铜陵市| 通城县| 岗巴县| 五台县| 定远县| 潢川县| 礼泉县| 阿克陶县|