Chinese Leaders Split Over Releasing Blacklist of U.S. Companies Before the US Election


 

(From The Wall Street Journal)

In recent weeks, according to people with knowledge of the matter, an interagency group led by Vice Premier Hu Chunhua, who oversees foreign investment and trade, has stepped up finalization of the “unreliable-entity” list—China’s answer to the U.S.’s list of Chinese entities it is targeting for sanctions.

China’s Commerce Ministry gave more details Saturday indicating a list was near completion, saying blacklisted companies and individuals would be banned from both selling to and buying from China, and from investing in the country. However, it again refrained from disclosing any names. The ministry said in its statement that the list is “strictly limited to a very small number of illegal foreign entities.”

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This article was originally posted here: https://www.ac2news.com/2020/09/chinese-leaders-split-over-releasing-blacklist-of-u-s-companies-before-the-us-election/.

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