SNAPSHOTS

China: Beijing's Latest Trade War Salvo Takes Aim at Foreign Firms

May 31, 2019 | 22:00 GMT

(Stratfor)

The Chinese Ministry of Commerce on May 31 said China is creating a list of "unreliable entities" that would include foreign companies it considers damaging to the interests of Chinese firms. The list, akin to the U.S. Commerce Department's Entity List that enabled the United States to blacklist Huawei Technologies, would allow Chinese authorities to target foreign companies, organizations and individuals that they find either don't obey market rules or violate contracts, or have blocked or cut off Chinese companies from suppliers for noncommercial reasons. Neither the scope of the list nor specific measures that might be taken against those that land on it were disclosed, but the ministry said details will be announced "soon."...

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