China has introduced new regulations to strengthen its Anti-Foreign Sanctions Law, detailing countermeasures like asset seizures and freezes. SMU Associate Professor of Finance Fu Fangjian sees this as a response to US extraterritorial restrictions, particularly in technology. “The Trump administration won’t back down, but these measures signal a tougher stance to US-aligned countries,” he said. He noted that while the regulations may affect some American firms in China, they also offer justification for resisting US sanctions. “Companies must decide whether to cut ties with China or continue benefiting from its market.”
