Open figure viewer
Significance
It gives a veneer of legality to interference in other countries’ affairs. The new law raises the level of threat from Beijing to foreign organisations and those with connections overseas. The United States, and others, will feel vindicated in adopting a more robust approach to China.
Impacts
The vague wording of the law will deter foreign investors, not least those connected with the United States.
Beijing’s prioritisation of geopolitical primacy over post-pandemic economic recovery will weigh on China’s economy.
China is increasingly offering other countries alternatives to a Western-ordered world.
Codifying the direction of foreign policy will further constrain officials’ already limited negotiation flexibility.
© Oxford Analytica 2023. All rights reserved. This content contains general information about geopolitical, macroeconomic and social developments or (where stated) other matters. It does not contain advice or recommendations that may be relied on. Where links to external websites are provided, this does not indicate that Oxford Analytica or Emerald agree with, endorse or have checked for accuracy the contents of said sites.
2023
You do not currently have access to this content.
