June 01, 2019

China Threatens Sweeping Blacklist of Firms After Huawei Ban

Featuring Jude Blanchette

Source: Bloomberg Economics

Journalists Bloomberg News, Miao Han, Xiaoqing Pi, Kevin Hamlin, Yuan Gao, James Mayger, Dandan Li

China 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 U.S. blacklisted Huawei Technologies Co.

China will set up a mechanism listing foreign enterprises, organizations 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 spokesman Gao Feng said Friday. "Necessary measures will be taken" against those on the list, he said, adding that specifics would be released soon.

The Commerce Ministry is going through relevant procedures, and will release the first batch of blacklisted entities soon, according to state-media China Central Television.

Read the full article and more Bloomberg.

  • Jude Blanchette

    Adjunct Fellow, Asia-Pacific Security Program

    Jude Blanchette is an Adjunct Fellow of the Asia-Pacific Security Program at the Center for a New American Security. He is also a Senior Advisor and China Practice Lead at Cru...