China has reiterated its stance of responding to foreign sanctions to protect its interests, including potential countermeasures such as asset freezes and trade restrictions. This statement is part of the broader US-China sanctions and trade conflict. Prediction markets indicate a 22% probability of Alibaba being removed from the Chinese Military Companies list by June 30, 2027, reflecting a stable yet cautious outlook. Market participants appear to view the announcement as potentially heightening US-China tensions, reducing the chances of near-term resolution.
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