Baker McKenzie FenXun client alert: China will release its “Unreliable Entity List”
June 4, 2019 Category Announcements, Weekly
The Ministry of Commerce of China (MOFCOM) announced on 31 May 2019 that the Chinese government will introduce an “Unreliable Entity List” regime, under which foreign entities or individuals that boycott or cut off supplies to Chinese companies for non-commercial purposes and causing serious damages to Chinese companies would be listed as “Unreliable Entities”. The specific rules, including the list itself and the restrictive measures applicable to the listed entities, will be separately released in the near future. This new regime may be used by China as a countermeasure against export control measures of foreign governments targeting specific Chinese companies. If you have any questions on the topics covered or need further clarification on any particular issue, please do not hesitate to get in touch with your usual contact at Baker McKenzie, or any of the lawyers listed below.
Contacts:
Jon Cowley +852 2846 1744 jon.cowley@bakermckenzie.com
Frank Pan +86 21 6105 8523 frank.pan@bakermckenzie.com
Zhenyu Ruan +86 21 6105 8577 zhenyu.ruan@bakermckenziefenxun.com
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