China planning its own blacklist after Huawei ban
US and other foreign firms could be blocked from operating in China
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The ongoingtrade warbetween the US and China is showing no sign of slowing down and it could actually get worse as China has announced plans to follow in the US' footsteps by creating a blacklist of its own.
The US recently created anEntity Listfilled with unreliable foreign firms that could jeopardize its national security and now China is preparing to do the same.
Spokesperson for China’s commerce ministry, Gao Feng revealed that the nation will create an “entity list” that will include foreign businesses that have either stopped or limited their work with Chinese firms, saying:
“Foreign enterprises, organisations or individuals that do not comply with market rules, deviate from a contract’s spirit or impose blockades or stop supplies to Chinese enterprises for non-commercial purposes, and seriously damage the legitimate rights and interests of Chinese enterprises, will be included on a list of ‘unreliable entities.”
Chinese retaliation
The announcement of China’s own blacklist comes just weeks after theUS Commerce Departmentcreated an entity list that required American companies to get government approval before conducting business withHuaweiand other Chinese firms.
However, a 90-day reprieve has been granted which would allowGoogleand other companies to offer critical support to Huawei.
Google,Intel, Qualcomm and several other American firms have begun to curtail their business agreements with Huawei following the US ban on the company.
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Just as the US blacklist has, a Chinese blacklist could have huge implications for Silicon Valley tech giants that operate in the country.
ViaTechCrunch
After working with the TechRadar Pro team for the last several years, Anthony is now the security and networking editor at Tom’s Guide where he covers everything from data breaches and ransomware gangs to the best way to cover your whole home or business with Wi-Fi. When not writing, you can find him tinkering with PCs and game consoles, managing cables and upgrading his smart home.
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