tariffs

China is preparing a list of “unreliable” entities that damage the interests of domestic companies, according to a Bloomberg report. The United States blacklisted Huawei and 70 of its affiliates on May 16, creating a situation that quickly escalated and snowballed in many U.S. companies revising their working relationships with the Chinese tech-giant.

Even though Huawei’s founder and CEO Ren Zhengfei would protest against a similar Apple ban in China, “China will set up a mechanism listing foreign enterprises, organizations and individuals that don’t obey market rules, violate contracts and block, cut off supply for non-commercial reasons or severely damage the legitimate interests of Chinese companies“, said Ministry of Commerce spokesman Gao Feng, cited by Bloomberg.

China seems to be playing the same “national security” card back against the U.S., with the list also targeting entities that “pose a threat or potential threat to national security”. Its purpose is “to protect international economic and trade rules and the multilateral trading system, to oppose unilateralism and trade protectionism, and to safeguard China’s national security, social and public interests“, Gao said.

You May Also Like
OnePlus 8 Pro sale

MEMC chip on OnePlus 8 series will support YouTube, Netflix, and Prime Video

The MEMC chip will upscale 30fps videos up to 120fps frame rate so that they can take full advantage of the 120Hz screen on the OnePlus 8 series phones.
Huawei P40 Pro+ vs iPhone 11 Pro Max

Huawei may be looking for ways to add Google apps to its app store (Update)

It seems that we could finally get Google apps back in Huawei and Honor smartphones, but they would arrive directly in the AppGallery
Honor Play 4T

HONOR Play 4T design and specs leaked ahead of April 9 launch

It may support 22.5W fast charging.