China activates anti-sanctions law in pushback against America
🔴 Tension RisingIDNFinancials2026-05-08
China has activated its anti-sanctions law in response to U.S. sanctions, escalating the economic conflict between Beijing and Washington. Domestic energy companies are instructed not to comply with U.S. sanctions on refineries, marking a significant pushback against U.S. ‘extraterritorial’ policies. This move occurs as Donald Trump is scheduled to visit Beijing.