In a significant legislative development, China has enacted the Private Sector Promotion Law, effective May 20, 2025. This landmark legislation aims to bolster the role of private enterprises in the nation's economic landscape. The law underscores the government's commitment to fostering a more inclusive and dynamic market economy. Legislative Overview The Private Sector
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China’s New Law to Shield Private Enterprises from U.S. Tariffs
China's strategic legal initiatives to create order in a fragmenting global trade dynamic. As U.S.-China tensions escalate once again—fueled by renewed tariff threats, export controls, and geopolitical decoupling—China has enacted a new law designed to protect its private sector from what it deems "unilateral, discriminatory, and extraterritorial measures" imposed by foreign