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Trade war

Beijing threatens own blacklist to counter Huawei ban

Trade war intensifies as China's retaliatory tariffs kick in

China is upping the ante in its trade war with the U.S. by raising punitive tariffs on American products, including liquefied natural gas, by as much as 25%. (Nikkei montage/Reuters)

BEIJING -- China on Friday said that it will soon publish its own "Entity List" which comprises foreign companies, groups and individuals that hurt Chinese business interests, as Beijing and Washington continue to trade barbs in their protracted trade war.

The list of "unreliable" entities will target foreign entities who violate market rules and the spirit of contracts, as well as those who cut their supply to Chinese companies for nonbusiness reasons, according to the announcement by the Chinese Commerce Ministry. Further details will be released soon, the ministry said.

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