China’s MOFCOM Order No. 4 of 2020 on Provisions on the Unreliable Entity List.
The clarification from an official at the Ministry of Commerce (MOFCOM) shows that China is sending a stern warning to foreign entities that violate laws and rules, while seeking to minimize the impact on the country’s long-standing opening-up policies and law-abiding foreign and domestic businesses, experts noted.
China has begun to set rules for the United States – The “List of Unreliable Entities” promulgated by the Ministry of Commerce today is the Chinese version of Section 301. Use the market to block the counter-technology blockade. This original list of deaths shocked the global technology market and capital! This is the first country in the world to set rules for the United States after World War II. If you just look at this list as China’s counterattack against the current bullying of the United States, you would underestimate the lethality of this list.
The significance of the list is not only to address the current U.S. government’s head-on attack on China’s unreasonable and unreasonable actions by American companies, but also to set rules for the great shift between China and the United States after five or ten years.
Set rules for American chip and software companies: cut off supply and network to Chinese companies at will, and please get out of the Chinese market.
Set rules for arms sales companies to Taiwan: threaten China’s national security, or may pose a threat, please get out of the Chinese market.
Not only American companies, but Japanese and European companies, also set the rules for you!
Set rules for U.S. government officials, politicians, congressmen, media people, and various think tanks: China’s security, dignity, and inviolability!
American, European and Japanese companies understand the voice of China.
The capital of Wall Street understands the voice of China. The dollar plummeted. U.S. stocks fell in a row. U.S. debt fell overcast. In a capitalist society, dialogue is done in a language that capital understands. In a socialist society, we use the unity of the whole society to show our strength. This sword will hang there forever for five, ten, thirty years! This sword is called China’s right to speak.
Johnson Choi Biz 