China to Establish “Unreliable Entity List” in Response to “Unilateralism and Trade Protectionism”
June 3, 2019
China’s Ministry of Commerce announced at a special press conference on May 31 that it will institute an “Unreliable Entity List” system based on China’s Foreign Trade Law, Anti-Monopoly Law, and National Security Law.
The planned “Unreliable Entity List” will include foreign companies, organizations, and individuals that do not obey market rules, act contrary to the spirit of contract, engage in boycott or suspension of supply against Chinese enterprises without commercial justifications, or seriously harm the legitimate rights and interests of Chinese enterprises. MOFCOM will announce the specific measures to be taken against those placed on the “Unreliable Entity List” in the near future.
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