China Plans Blacklist of US Technology Firms in Retaliation to Trade War - jensensuchat

The US-Communist China trade war is heat up, and now China is creating a blacklist of America firms, and even individuals. The move was declared aside the Chinese government on Friday, and the country said that the list would contain foreign companies, individuals, and organizations that "practise not follow market rules, violate the spirit of contracts, blockade and stop supplying Chinese companies for blue-sky reasons, and seriously price the legitimate rights and interests of Chinese companies."

As yet, Communist China hasn't announced which companies and/Oregon individuals will be on the list, and has same that specified measures will follow announced in the come near tense.

The move is not entirely suprising, considering the climbing pressure sensation the US has been putting on Chinese technology giant Huawei. All but fortnight ago, US President Donald Trump placed Huawei on the "entity name" in effect banning the company from conducting business with US companies. The move resulted in serious repercussions for Huawei equally US companies ceased business dealings with Huawei in compliance with Trump's order.

Republic of China's announcement can be seen as a strike back at the US, and if Beijing decides to move forward with its put-up 'unreliable entities leaning', United States companies leave suffer; and Republic of China has ample targets for its list: Google and Microsoft, both have R&D operations in the country, and Apple's devices are assembled in Chinese factories.

Public speaking about China's black book of companies, Gao Feng, the Department of Commerce Ministry's spokesperson, said that the list bequeath be aimed at companies that parry supplies, and "take another discriminating measures."He further added that an entity will be added to the lean when information technology's activity "non only damages the legitimate rights and interests of Chinese enterprises, and endangers China's national security and interests, but also threatens the global business enterprise mountain chain and append chain security measur."