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Uncertainty Increases on China's List of Unreliable Organizations

Uncertainty increases on China’s list of unreliable organizations. The Chinese Ministry of Commerce announced the details on the list.

Uncertainty Increases on China's List of Unreliable Organizations
Yazar: Müzeyyen D

Yayınlanma: 22 Eylül 2020 17:29

Güncellenme: 7 Kasım 2024 12:57

Uncertainty Increases on China's List of Unreliable Organizations Uncertainty increases on China’s list of unreliable organizations. As the tensions in trade between China and the US continue, the Chinese Ministry of Commerce announced the details on the list of unreliable organizations. The Donald Trump administration’s attempt to suppress China's technology market has put China's pressure on other trade lines. China first announced the report in May 2019, which draws attention with its similarity to the US Department of Commerce's list of organizations that are blocked from accessing items originated from the US. Just before the report, the US reported that they added Huawei to the black list, banning the company from working with US suppliers, and as a result of the decision, Huawei suffered a loss in 2019, which was $ 12 billion below its annual target.   "At least one US company will be on the black list" Michael Hirson, from the China and Northeast Asia unit of the consulting firm Eurasia Group, expressed his predictions on the issue. Stating that at least one US company will be on the list by the end of the year, Hirson also drew attention to the multinational companies in the middle of the US and China tension.   Companies that may enter China's blacklist According to Eurasia Group estimates; In addition to Cisco, Dell / EMC, HP, Lockheed Martin and Rockwell Collins, technology giants Microsoft and Apple may also be on the list.
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