Firms must pay the price for harming China's interests

China's decision to release a list of "unreliable" foreign companies, organizations and individuals that fail to abide by market rules, and violate contracts by blocking Chinese companies for non-business reasons and infringe upon their legal rights is in response to the recent developments that have seriously harmed China's interests.

The detailed measures are yet to be released, but the Ministry of Commerce's decision on Friday is to safeguard China's and Chinese companies' interests.

Citing baseless reasons, the US government has raised tariffs on Chinese goods and effectively banned the sales of products made by Huawei, Chinese telecommunications equipment maker and leading 5G player. The White House has forced US and foreign companies and organizations to sever their business links with Huawei in a bid to throttle the Chinese company and harm the broader interests of Chinese enterprises and individuals.