China to list 'unreliable' foreign entities that harm Chinese firms

China’s Commerce Ministry

said on Friday that it will draft a list of foreign companies , organizations , and individuals that it deems “ unreliable ” for harming Chinese companies , state-run China National Radio reported.

The move, which does not single out any countries or companies, comes amid U.S.-China tensions that have sharply escalated since Washington put Huawei on a blacklist that effectively bans U.S. firms from doing business with the Chinese telecoms equipment giant.

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The “ unreliable entities list ” will apply to those who flout market rules and the spirit of contracts , block supplies to Chinese companies for non-commercial reasons and “ seriously harm the legitimate rights and interests ” of Chinese companies , the report said, citing ministry spokesman Gao Feng.

The ministry will disclose more details of the list soon, the report said.

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