China to Establish “List of Unreliable Entities” System
On May 31st, Ministry of Commerce press spokesman Feng Gao announced at a special press conference that China will establish a “List of Unreliable Entities” system, in accordance with the relevant laws and regulations. Foreign companies, organizations or individuals that violate market regulations, deviate from the spirit of contract, blockade or cut supply to Chinese companies for non-commercial purposes, or seriously harm the rights and interests of Chinese businesses, will be included in the “List of Unreliable Entities.” More specific measures will be announced in the near future.
Source: http://www.gov.cn/