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China threatens US with retaliatory list of 'unreliable' foreign firms

Beijing's "unreliable entities list" would apply to those who violate market rules and the spirit of contracts, block supplies to Chinese companies for non-commercial reasons

Stella Qiu & Dominique Patton | Reuters  |  BEIJING 

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 US 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 US firms from doing business with the Chinese telecoms equipment giant. Beijing's "unreliable entities list" would apply to ...

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First Published: Fri, May 31 2019. 18:09 IST