China hits US with blacklist in trade move

'Unreliable entities' will face sanctions for damaging domestic companies

China will establish a list of "unreliable entities" - a blacklist of foreign parties that harm the interests of Chinese companies, the Ministry of Commerce said on Friday.

Foreign companies, organizations and individuals that fail to comply with market rules, violate the spirit of contracts, block or cut supplies to Chinese firms for noncommercial reasons and that seriously damage the legitimate rights and interests of Chinese enterprises will be added to the "unreliable entities", ministry spokesman Gao Feng said at a media briefing on Friday.