It stipulates that Beijing has the right to take measures to counter and restrict actions that endanger the country’s sovereignty, security and development interests, violate international law or “fundamental norms of international relations”.
It also authorises the State Council – the country’s cabinet – and the executive branches of government to come up with regulations and systems to apply the countermeasures.
Washington has blacklisted more than 1,300 – and counting – Chinese entities on a range of alleged grounds, from ties to the military, to aiding Russia, human rights concerns in Xinjiang and contributing to the fentanyl public health crisis in the United States.
The administration of US President Joe Biden has repeatedly said Washington has no intention of stifling China’s rise but will continue to take “narrowly targeted actions” on the country for national security concerns.
In March, Xi hit out at the actions, referring to the restrictions as “all-around containment, encirclement and suppression of China” by US-led Western countries.
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