Friendly foreign firms not targeted by 'list'

The Chinese government is preparing an "Unreliable Entities List" to counter the unilateral and trade protectionist moves of the United States and safeguard China's economic security, which is an integral part of its national security. China's blacklist, however, will be vastly different from the gratuitous Entity List issued by the US Department of Commerce's Bureau of Industry and Security.

To a large extent, the Unreliable Entities List reflects China's stance against US protectionism, that is, China will never compromise its key interests and, instead, take appropriate countermeasures to protect them.

The Unreliable Entities List can also be seen as a warning to Chinese enterprises to avoid risks and refrain from cooperating with the blacklisted enterprises, in order to safeguard their own security. Besides, China is determined to take countermeasures against those enterprises which have adopted the same stance as the US administration regardless of all business ethics and support the US' China-containment strategy.