China hits back at US with threat of its own ‘unreliable entities’
As retaliation for its blacklisting Huawei, China is likely to go after US tech giants such as Google, Qualcomm and Intel
Beijing — China has said it will establish a list of so-called “unreliable entities” it says damage the interests of domestic companies, a sweeping order that could potentially affect thousands of foreign firms as tensions escalate after the US blacklisted Huawei Technologies.
China will set up a mechanism listing foreign enterprises, organisations and individuals that don’t obey market rules, violate contracts and block, cut off supply for non-commercial reasons, or severely damage the legitimate interests of Chinese companies, ministry of commerce spokesperson Gao Feng said. “Necessary measures will be taken” against those on the list, he said, adding that specifics will be released soon...
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