
South China Morning Post · Feb 27, 2026 · Collected from RSS
China’s top court has hailed a mediated resolution to an international shipbuilding dispute as a landmark example of the country’s anti-sanctions law working to protect domestic industry. In a social media post on Friday, the Supreme People’s Court said the case was a milestone in China’s legal response to foreign “bullying” and “long-arm jurisdiction”. “Its ruling’s principles demonstrate China’s firm commitment to safeguarding the multilateral trading system and offer judicial insight towards...
China’s top court has hailed a mediated resolution to an international shipbuilding dispute as a landmark example of the country’s anti-sanctions law working to protect domestic industry.“Its ruling’s principles demonstrate China’s firm commitment to safeguarding the multilateral trading system and offer judicial insight towards building a fair and equitable international economic order,” the court said.The case centred on a 2023 subcontract between an unnamed Chinese company based in Shandong and a Swiss marine equipment firm.The Swiss firm contracted the Chinese company to build modules for a floating production, storage and offloading vessel used to process, store and transfer oil at sea.The contract was valued at US$19.45 million and the Swiss firm paid more than US$7 million in initial payments.