How China Plans to Protect Firms From Foreign Laws

The video discusses the potential impacts of new legislation on Chinese firms, particularly in relation to their dependency on US markets. It provides legal advice on how foreign parties should handle compliance with US sanctions to avoid triggering obligations under Chinese rules. The video also explains the mechanism China uses to enforce its laws, including allowing Chinese firms to petition authorities and sue for damages. Finally, it explores the implications of these laws for Hong Kong, considering the 'one country, two systems' principle.

What mechanisms will China implement to enforce the new law regarding foreign sanctions?

In what ways could the application of U.S. sanctions affect Hong Kong, considering the 'one country, two systems' principle?