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China’s ambiguous Unreliable Entity List gives Beijing ‘leeway’ to take punitive actions against foreign firms

Summary:
Possible candidates reported to be subject to the list included US courier service FedEx, which was heavily criticised for diverting packages sent to Huawei to the US, and British bank HSBC, which was criticised for allegedly aiding in the arrest of Huawei chief financial officer Meng Wanzhou in Canada. Photo: Bloomberg

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China’s ambiguous Unreliable Entity List gives Beijing ‘leeway’ to take punitive actions against foreign firmsPossible candidates reported to be subject to the list included US courier service FedEx, which was heavily criticised for diverting packages sent to Huawei to the US, and British bank HSBC, which was criticised for allegedly aiding in the arrest of Huawei chief financial officer Meng Wanzhou in Canada. Photo: Bloomberg

Possible candidates reported to be subject to the list included US courier service FedEx, which was heavily criticised for diverting packages sent to Huawei to the US, and British bank HSBC, which was criticised for allegedly aiding in the arrest of Huawei chief financial officer Meng Wanzhou in Canada. Photo: Bloomberg

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