Foreign companies must act at Beijing’s request under the new Chinese law


China has passed a new law requiring all individuals and businesses in China to apply sanctions initiated by the administration against foreign counterparts, but they do not have to respect foreign restrictions.

In addition, the law came into force on June 10, and the administration’s Rubber Stamp Parliament approved the law without a third reading. this is, Chinese legislation..

“In my eyes, the content of the law is very bad. It commands foreigners to act against their own hometown and to be loyal to the Chinese Communist Party. [CCP]”U.S.-based commentator on China’s affairs, Mr. Tang Jingyuan, said in a telephone interview with The Epoch Times on Thursday.

“Timing is important. Shortly after President Joe Biden began his trip to Europe, the Chinese Communist Party passed a law. Biden is a European leader in investigating the origin of the CCP virus that may have leaked from the Wuhan Institute. “I will talk with him,” Lee Biden, a scholar at the Washington Institute for Information Strategy, told The Epoch Times on June 10.

Lee CCP virusIt leaked from the Wuhan Institute of Vessels, commonly known as the new coronavirus. When this fact is confirmed by the world, Other countries will hold the Chinese Communist Party accountable, Lee said.

New law

Chinese rubber stamp parliament Passed and released “Anti-foreign sanctions law” on June 10.

The law requires that all individuals and organizations in China, regardless of citizenship or registration status, must implement sanctions initiated by the Beijing administration.

In addition, Article 12 of the Act states: “No organization or individual can assist in implementing or implementing discriminatory restrictions used by foreign countries against Chinese citizens and organizations … Chinese citizens or organizations can file proceedings against foreign entities. Masu [who are complying with foreign-imposed sanctions], And ask to stop infringement and pay compensation [Chinese] loss. “

Epoch Times Photo
Buick Excelle is on display at the opening ceremony of the Jinqiao South Vehicle Plant of Shanghai General Motors in Shanghai, China on May 28, 2005. (Chinese photo / Getty image)

Retaliation

In retaliation for the sanctions imposed by foreign countries, the law covers foreign offenders and their immediate relatives, company owners and directors, and other related individuals and organizations.

Penalties for violations under the new law include denial or revocation of visas, seizure of property and assets, and prohibition of trade activities.

“This year, China has taken corresponding measures against the entities and individuals of the relevant countries, as opposed to Western hegemony and power politics.” Mio Wentan said, Spokesman of the Ministry of Foreign Affairs of China, News Brief on June 10th.

The king clearly stated that the law was a legal means of retaliation against foreign sanctions.

When asked if the law would affect diplomatic relations with other countries, the king said, “This worry is completely unnecessary.”

Over the past few months, the United States, the European Union, Canada and the United Kingdom have imposed sanctions on Chinese authorities, accusing them of serious human rights abuses against Uighurs in the Xinjiang Uighur Autonomous Region and destroying Hong Kong’s autonomy.

On May 12, the US government announced sanctions against CCP officials for persecuting Falun Gong as the Beijing administration’s brutal repression of spiritual practice celebrated its 22nd anniversary.

So far, the US government has imposed sanctions on about 45 Chinese officials, including all 14 vice-chairmen of the Standing Committee of the Rubber Stamp Parliament. Meanwhile, Washington has also blacklisted Chinese companies by purchasing US technology such as Huawei, China’s largest telecommunications maker, which has violated US sanctions on Iran.

The Chinese administration began retaliation earlier this year. On January 21, the administration banned 28 Americans and their immediate relatives from visiting mainland China and Hong Kong.

China
Chinese leaders Xi Jinping and (second row C) Rep., Will support the national anthem at the closing session of China in Beijing of rubber stamp parliament of the conference, which was held in the Great Hall of the People on March 11, 2021. (KevinFrayer / Getty Images)

result

“The newly enacted anti-foreign sanctions law is a comprehensive retaliation against the United States and other developed countries. It covers all individuals and organizations and will have their property if they do not listen to the Beijing administration. I’m threatening to get in, “Tan told The Epoch Times.

Mr. Tang is concerned that the Chinese Communist Party will demand that foreign companies buy forced labor products, such as buying cotton from the Xinjiang Uygur Autonomous Region. We sell American technology to Chinese companies, such as selling semiconductor chips to Huawei.

“I see the risks this law poses to society. I can imagine that foreign companies will have to leave the Chinese market before the CCP forces them to do things. [against U.S. sanctions], And Chinese companies have no choice but to stop buying imported technology. “

Tang used Semiconductor Manufacturing International Corporation (SMIC), China’s most advanced and largest state-owned chip maker, as an example.

SMIC told Chinese state-owned enterprises on September 15, 2020 Securities Times SMIC used US technology to manufacture chips, and Huawei was blacklisted from the purchase of US technology, so it stopped supplying chips to Huawei.

“Under China’s anti-foreign sanctions law, SMIC has no choice but to supply chips to Huawei. When SMIC sells chips to Huawei, it violates US law and uses US technology and the global market. You lose your rights, “says Tang.

For foreign companies, their situation is worse than SMIC. “If they don’t obey the laws of the Beijing administration, they will lose all of China’s assets and other assets,” Tang added.

Luo Ya contributed to this report.

Posted on