pimpmaster9000 |
06-01-2019 02:16 PM |
China Creates 'Unreliable Entity List' of Foreign Companies Following U.S. Ban on Huawei
MAGA!
The Chinese government announced on Friday that it would create an “Unreliable Entity List” of foreign companies and individuals that threaten the interests of Chinese companies.
The move appears to be direct retaliation for Huawei’s placement on the U.S. Commerce Department “Entity List” that effectively bans the sale of Huawei products in the U.S., though the Chinese tech giant was not mentioned specifically. The severe restrictions on Huawei in recent months have caused American companies like Google and Intel to cut ties with the Chinese tech giant.
“Foreign enterprises, organizations or individuals that do not comply with market rules, deviate from a contract’s spirit or impose blockades or stop supplies to Chinese enterprises for non-commercial purposes, and seriously damage the legitimate rights and interests of Chinese enterprises, will be included on a list of ‘unreliable entities’,” Chinese Ministry of Commerce spokesperson Gao Feng told the Global Times.
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