China Threatens Corporate Blacklist Amid Trade War with U.S.

Beijing threatens to release a coroprate blackist targeting U.S. firms which disobey market rules as bilateral trade tension continues to mount.

BEIJING (Reuters) – China threatened on Friday to unveil an unprecedented hit-list of “unreliable” foreign firms, groups and individuals that harm the interests of Chinese companies, as a slate of retaliatory tariffs on imported U.S. goods was set to kick in at midnight.

The commerce ministry did not single out any country or company, but the threat could further heighten tensions after Washington this month put Huawei on a blacklist that effectively blocks U.S. firms from doing business with the Chinese telecoms equipment giant.

Continue reading the full article at Reuters.

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