×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: China | Unreliable Entities

China Announces Regulations for 'unreliable Entity' List

China Announces Regulations for 'unreliable Entity' List

Saturday, 19 September 2020 01:00 AM EDT

HONG KONG (AP) — China’s Ministry of Commerce on Saturday issued regulations for its “unreliable entity” list, aimed at foreign companies it says endanger its national sovereignty, security or development interests.

Companies that end up on the list could be banned from importing or exporting from China, and may be barred from investing in the country.

Other measures include imposing fines, entry restrictions on employees into China and revoking their work or residence permits.

The announcement of the new regulations comes after the U.S. said it would ban Chinese-owned TikTok and WeChat from U.S. app stores on Sunday, and bar such apps from assessing essential internet services in the U.S. based on national security and data privacy concerns.

China's Ministry of Commerce condemned the ban, and urged the U.S. to stop what it called bullying behavior and wrongdoing.

In a statement, the ministry said China would “take necessary measures to resolutely safeguard the legitimate rights and interests of Chinese companies.”

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Asia
China's Ministry of Commerce on Saturday issued regulations for its "unreliable entity" list, aimed at foreign companies it says endanger its national sovereignty, security or development interests.Companies that end up on the list could be banned from importing or...
China,Unreliable Entities
159
2020-00-19
Saturday, 19 September 2020 01:00 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved