China is ready to put U.S. companies in an"unreliable entity list," as part of countermeasures against Washington's move to block shipments of semiconductors to Huawei Technologies, the Global Times reported on Friday.
The logo of U.S. technology company Apple is seen at a branch office in Basel, Switzerland March 2, 2020. REUTERS/Arnd Wiegmann/FilesREUTERS: China is ready to put U.S. companies in an"unreliable entity list," as part of countermeasures against Washington's move to block shipments of semiconductors to Huawei Technologies, the Global Times reported on Friday.
The measures include launching investigations and imposing restrictions on U.S. companies such as Apple Inc, Cisco Systems Inc, Qualcomm Inc as well as suspending purchase of Boeing Co airplanes, the report said https://www.globaltimes.cn/content/1188491.shtml, citing a source.The Global Times is published by the People's Daily, the official newspaper of China's ruling Communist Party.
Earlier in the day, the U.S. Commerce Department said it was amending an export rule to"strategically target Huawei's acquisition of semiconductors that are the direct product of certain U.S. software and technology."