News

Google, Microsoft, ARM, Softbank and more to be added in the Chinese blacklist

Huawei’s ties with American firms and the companies related to these firms have nearly hanging on a thread, all thanks to US restriction and as an, after effect, these American firms are expected to be part of China’s trade blacklist.

China responds to the US: Will blacklist ‘unreliable’ foreign businesses or individuals

“We’re mulling this Entity List approach, which is in line with international rules and regulations,” Huo Jianguo, vice chairman of the China Society for World Trade Organization Studies, told Global Times.

Last month, the US government added Huawei and its affiliates in the trade blacklist, restricting the company from buying or selling services and parts from or to the US firms.

“In such a complicated environment, our companies are vulnerable to some unfair treatment overseas. As such, we need an emergency plan,” Huo said. Those foreign firms which strangle our firms in foreign markets but still earn money in China are likely to be included in our non-reliable entity list, he noted.

This means that the company which broken (mainly US firms) their ties with Huawei are likely to become the part of Chinese entity list including, Google, Microsoft, Xilinx, Intel, Qualcomm, Broadcom as well as the companies outside the US such as ARM, Softbank, and Foxconn. Although none of this been revealed the commerce ministry of China.

Telegram

Facebook

Twitter



Comments

Popular

To Top