China's 2025 legislative agenda outlines new and amended regulations governing finance, foreign trade, tax, and economic development.

China has taken a strong step by introducing a new law designed to fight back against foreign sanctions that target its people and businesses. On March 23, 2025, the government officially put this law into effect.

The view that the Chinese leadership was desperate to negotiate a trade deal, to avoid economic pain that could destabilize Chinese society and threaten the Chinese Communist Party’s monopoly on power, is common among China hawks in the United States. This analysis is partly accurate, but it has led many to draw false conclusions.

One example is that enforcing the US restrictions on Huawei AI chips could run afoul of China’s Anti-Foreign Sanctions Law.

Although under direct threat from the U.S. restrictions, Huawei is advancing in indigenous chipmaking. Chinese AI firms such as DeepSeek are likely to turn to Huawei's latest Ascend circuits to power their machine models in the absence of U.S. alternatives, in what is becoming a central part of the tech war and holds national security implications.

The TACO theory was coined earlier this month by Financial Times columnist Robert Armstrong, adding a catchy name to the practice of loading up on stocks when Donald Trump first announces the tariffs and then selling when he ultimately backtracks on enforcing them.

Photo: VCG "I've noticed that a new action plan to stabilize foreign investment has been introduced this year. After more than 40 years of re

CHINA said it could take legal action against anyone enforcing US restrictions on using Huawei Technologies’ artificial intelligence (AI) chips, escalating a dispute that’s upset a tentative truce on tariffs.