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China Will BLACKLIST These Foreign Entities

Tensions continue to run high between the US and China…

On September 19, 2020, China’s Ministry of Commerce (MOFCOM) published the Provisions on the Unreliable Entity List. That was one day after the U.S. Commerce Department announced its ban on American users downloading the Chinese app WeChat and video-sharing app TikTok.

This article takes corresponding measures against the following actions of FOREIGN ENTITIES:

1) Endanger China’s national sovereignty security, or development interests
2) Violating the principles of normal market transactions, interrupting normal transactions with Chinese entities, or adopting discriminatory measures against Chinese entities, seriously damaging the legal rights of the entity.

 

Is there a “right” side in the ongoing trade war between the US and China?

 

#China #ChinaBusiness #InternationalBusiness #InternationalTrade #Regulations #TradeWar #Tension #ForeignEntity #Tiktok #WeChat #Government #Policy #Ecommerce #Blacklist

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