Reported about 10 hours ago
China's top legislative body is reviewing the first revision of the foreign trade law in over two decades to enhance its trade countermeasures in response to increasing tariff barriers. The proposed changes would allow trade restrictions on foreign entities considered threats to China's security and include a system for trade adjustment assistance. The revision comes amid ongoing trade tensions, particularly with the U.S. and the EU, as China faces slowing export growth influenced by recent tariff conflicts.
Source: YAHOO