cross-border finance
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China’s First Direct Rejection of U.S. Financial Jurisdiction
Why Beijing’s refusal to recognise American sanctions marks a structural shift in global financial power A legal border moved across the international system when China’s Ministry of Commerce instructed domestic firms not to recognise, enforce, or comply with United States sanctions against five Chinese refineries. Financial globalisation relied upon a silent assumption that American secondary… Continue reading
AI and Digital Control, America, China, economics, Energy, EUROPE, Financial markets, Foreign Policy, Geopolitics, Global Finance, Health, iran, israel, middle east, Mineral Resources, NATO, politics, reserve currency, Russia, warAnti-Foreign Sanctions Law, Belt and Road Initiative, blocking statute, China sanctions law, Chinese refineries, commodity security, cross-border finance, de-dollarisation, dollar hegemony, economic statecraft, energy geopolitics, energy security, extraterritorial jurisdiction, extraterritorial sanctions, financial coercion, financial decoupling, game theory in geopolitics, geopolitical economy, geopolitical risk, global financial order, global order transition, global supply chains, great power competition, international political economy, Iranian oil trade, legal sovereignty, multipolarity, realist international relations, sanctions compliance, sanctions enforcement, sanctions policy, sanctions resistance, secondary sanctions, sovereign jurisdiction, strategic autonomy, Strategic Competition, systemic rivalry, trade fragmentation, U.S. Treasury sanctions, U.S.–China relations, yuan internationalisation
