Global Trade & Foreign Policy Insights
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June 11, 2024
|2 min read
China Adds Additional Entities to the Unreliable Entity List
On May 20, 2024, the PRC Ministry of Commerce (MOFCOM) announced the inclusion of three U.S. companies on its unreliable entities list over sales of arms to Taiwan. We discussed the implementation of the Unreliable Entity List here. The move mimics similar designations in February 2023, which we wrote about here, and follows recent actions by the BIS and Treasury to apply new export controls and sanctions on Chinese entities for allegedly doing business with Russia.
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Global Trade & Foreign Policy Insights addresses rapidly evolving U.S. foreign policy and its impact on cross-border trade. We address the impact on financial services, supply chains, and manufacturing. We also cover the international community’s response to U.S. foreign policy.
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