Is China’s 'Unreliable List' A Serious Threat to Foreign Companies?

Jun 14, 2019
| By Marilyn Romero
China’s impending release of its "Unreliable List" of foreign firms may be a retaliatory tool in its escalating trade war with the U.S.

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The Ministry of Commerce of China, or MOFCOM, announced on May 21 that it will soon be releasing a blacklist of foreign companies that will face—as yet unspecified—sanctions for anti-China activities. This “Unreliable List” of foreign companies has generally been viewed as, at least in part, a response to increasing actions being taken by the U.S. administration against Chinese IT giant, Huawei Technologies Co. Ltd.