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Chinese Firms Utilize US Courts to Challenge Sanctions Amid Geopolitical Tensions

share-iconPublished: Tuesday, January 07 share-iconUpdated: Tuesday, January 07 comment-icon2 months ago 14 views
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SCMP
Chinese Firms Utilize US Courts to Challenge Sanctions Amid Geopolitical Tensions

Credited from: SCMP

  • US courtrooms are becoming battlegrounds reflecting the heightened rivalry between the US and China, highlighted by a leading commercial litigator.
  • Chinese firms face increased scrutiny in the US, but court outcomes suggest a fair legal process, contrary to popular belief.
  • Investment from Chinese companies in the US has declined significantly, with foreign direct investment dropping below $1 billion in 2019.
  • Legal battles include prominent cases such as DJI and TikTok suing the US government over sanctions and alleged ties to the military.
  • Chinese companies are becoming more confident in asserting their legal rights, actively challenging US trade protectionism through lawsuits.

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