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News Wire / economy

China Implements Unilateral Sanctions Against Foreign Overreach

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China Construction Bank has been fined for compliance failures. China's Ministry of Commerce has issued an order prohibiting the recognition, enforcement, or compliance with US sanctions against five Chinese companies. The exact amount of the fine and the specific nature of the compliance failures were not disclosed. In accordance with the Measures for the Application of the Law on the Prevention and Control of the Extraterritorial Application of Foreign Laws and Measures, China's Ministry of Commerce has issued an order. This action is in accordance with UN authorization and international law. The Ministry of Commerce will continue to monitor the situation. This action is described as an emergency measure to curb such practices and does not affect China's international obligations or its protection of foreign investment rights.

China Construction Bank has been fined for compliance failures. China's Ministry of Commerce has issued an order prohibiting the recognition, enforcement, or compliance with US sanctions against five Chinese companies. The exact amount of the fine and the specific nature of the compliance failures were not disclosed. In accordance with the Measures for the Application of the Law on the Prevention and Control of the Extraterritorial Application of Foreign Laws and Measures, China's Ministry of Commerce has issued an order. This action is in accordance with UN authorization and international law. The Ministry of Commerce will continue to monitor the situation. This action is described as an emergency measure to curb such practices and does not affect China's international obligations or its protection of foreign investment rights. Chinese authorities have imposed a fine on a bank for failing to comply with regulations. These measures are reportedly in response to perceived foreign overreach. The sanctions are a response to perceived violations of fair trade principles and ongoing US pressure on the EU.

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finance regulation fine China

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Sources · 7 independent

CRI Huayu Global

“China Construction Bank Fined For Compliance Failures.”

CNR Voice of China

“商品交易总额连续多年位居世界第一。这场展会引进全球共富东方之约。正好可以顺势而上,借风股翻,实入高质量发展快速道路。”

CNR Voice of China

“中国经济任性强,轻利足,回旋于地广,长期向好基本面不会改变。”

CRI Huayu Global

“高质量发展,实施制造强国战略,全面建设社会主义现代化国家,贡献智慧和力量。”

Global News Network

“China Construction Bank fined for compliance failures.”

CNR Voice of China

“商品交易总额连续多年位居世界第一。”

Caixin Global

“中国建设银行因合规问题被罚款。”

CNR Voice of China

“我们将继续关注。那一段广告之后,我们关注第二个话题。”

Unknown

“China Orders Compliance Against US Sanctions”

CRI News Radio

“根据《禁止外国法律和措施不当外用适用办法》和相关工作机制评估结果,商务部发布禁令,规定不得认可、不得执行、不得遵守美国对五家中国企业的制裁措施。中国政府一直反对缺乏联合国授权和国际法依据的单边制裁。”

MCOT FM 100.5 News

“China Construction Bank fined for compliance failures.”

CRI News Radio

“根据《禁止外国法律和措施不当外用适用办法》和相关工作机制评估结果,商务部发布禁令,规定不得认可、不得执行、不得遵守美国对五家中国企业的制裁措施。”

CRI News Radio

“根据《禁止外国法律和措施不当外用适用办法》和相关工作机制评估结果,商务部发布禁令,规定不得认可、不得执行、不得遵守美国对五家中国企业的制裁措施。中国政府一直反对缺乏联合国授权和国际法依据的单边制裁。这次发布禁令是依法执行《禁止外国法律和措施不当外用适用办法》的具体行动,不影响”

CRI News Radio

“根據《禁止外國法律和措施不當外用適用辦法》和相關工作機制評估結果,商務部發布禁令,規定不得認可、不得執行、不得遵守美國對五家中國企業的制裁措施。中國政府一直反對缺乏聯合國授權和國際法依據的單邊制裁。這次發布禁令是依法執行《禁止外國法律和措施不當外用適用辦法》的具體行動,不影響”

CNR Economic Voice

“中国下令扩大对美国制裁的合规措施。”

CRI News Radio

“联合国受权和国际法依据的单边制裁。这次发布禁令是依法实施,遏止外国法律和措施不当外用使用办法的紧急行动。不影响中国承担和履行国际义务,也不影响中国依法保护外商投资企业的合法权益。”

CRI News Radio

“联合国受权和国际法依据的单边制裁。这次发布禁令是依法实施,遏止外国法律和措施不当外用使用办法的紧急行动。不影响中国承担和履行国际义务,也不影响中国依法保护外商投资企业的合法权益。商务部将继续密切跟踪有关国家法律和措施不当外用使用的情况。如存在遏止外国法律和措施不当外用使用办法规定的情况。”

CNR Economic Voice

“中国人民银行对一家银行处以罚款,原因是其未能遵守规定。”

CNR Economic Voice

“China fines a bank for compliance failures.”

CNR Economic Voice

“中国对一家银行处以罚款,原因是其未能遵守规定。”

CNR Economic Voice

“China fines bank for compliance failures.”

CRI News Radio

“The United Nations authorization and international law-based unilateral sanctions. The issuance of this ban is an emergency action taken in accordance with the law to curb the improper application of foreign laws and measures.”

CRI News Radio

“联合国受权和国际法依据的单边制裁。这次发布禁令是依法实施,遏止外国法律和措施不当外用使用办法的紧急行动。”

CNR Economic Voice

“中国对外国干涉实施单方面制裁。”

CNR Economic Voice

“China Implements Unilateral Sanctions Against Foreign Overreach”

Baywave FM Japan

“China Fines Bank For Compliance Failures”

CNR Economic Voice

“而且你看,首先是当时从政治策略上。第二,我们一定要知道,个性很重要。孔西,其实他在位的这些时间,和他的个性非常关联。”

VOV2 Vietnam

“China Implements Unilateral Sanctions Against Foreign Overreach”

RTM Nasional FM

“China Implements Unilateral Sanctions Against Foreign Overreach”

Tokyo FM

“China Implements Unilateral Sanctions Against Foreign Overreach”

MCOT FM 100.5 News

“China implements unilateral sanctions against foreign overreach.”

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