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China Releases Details on Its Own Unreliable Entity List

Adrianna Zhang

   China's Ministry of Commerce has released long-awaited provisions on
   its "unreliable entity list," in a move seen as a countermeasure to
   similar actions taken by Washington.

   The [1]vaguely worded document laid out consequences for a foreign
   entity that is deemed to be a danger to "national sovereignty, security
   or development interests of China."

   Companies that are on the list could be banned from trade and investing
   in China, and face hefty fines or entry restrictions on their
   employees.

   China's Ministry of Commerce had promised to draw up an unreliable
   entity list in May 2019 shortly after U.S. President Donald Trump
   announced adding [2]Chinese telecommunication firm Huawei to a U.S.
   blacklist.

   The ministry rolled out the details more than 16 months after that
   announcement -- one day after the U.S. Commerce Department announced
   its ban on American users downloading the Chinese app WeChat and
   video-sharing app TikTok.

References

   1. http://english.mofcom.gov.cn/article/policyrelease/questions/202009/20200903002580.shtml
   2. https://www.reuters.com/article/us-usa-huawei-tech-commerce-idUSKCN1SM2MG

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