Abstract:This article focuses on the issue of judicial review of public policy in the application by Macquarie Bank Limited and Wanda Holding Group Co., Ltd. for the recognition and enforcement of a foreign arbitral award.Even though unilateral sanctions are prevalent, the Chinese court did not contest the public policy in favor of Wanda Co. because the sanctions and Chinese enterprise interests were involved in this case. Analyzing the definition of public policy in Article 5, Paragraph 2 of the New York Convention and the practice of contracting states, economic sanctions will be included in the public policy only in certain areas and under certain conditions.In the judicial practice of Chinese courts, economic sanctions and the mandatory rules represented by the Blocking Measures do not necessarily constitute public policy. The public policy in China is based on the protection of fundamental legal principles and the protection of sovereignty, security and development interests as the standard of judicial review.