China has added six U.S. firms to its unreliable entity list, the Ministry of Commerce (MOC) announced on Wednesday.
The six entities are Shield AI, Inc., Sierra Nevada Corporation, Cyberlux Corporation, Edge Autonomy Operations LLC, Group W, and Hudson Technologies Co.
According to the announcement, the six companies are prohibited from engaging in any import or export activities related to China, nor are they allowed to make any new investments in China.
The measures will take effect from 12:01 Beijing Time on April 10.
The MOC said the decision was made in accordance with relevant Chinese laws, including the Foreign Trade Law, the State Security Law, and the Anti-Foreign Sanctions Law.
A MOC spokesperson said these companies, in disregard of strong opposition from China, have in recent years either participated in arms sales to Taiwan or engaged in so-called military technology cooperation with Taiwan, seriously undermining China's national sovereignty, security and development interests.
China has always handled issues related to its unreliable entity list prudently, and only targets the very few foreign entities that undermine China's national security, the spokesperson said.
For the honest and law-abiding foreign entities, there is nothing for them to worry about, said the spokesperson.
The Chinese government, as always, welcomes companies from all countries to invest and operate in China, and is committed to providing a stable, fair and predictable business environment for foreign enterprises that operate in China in accordance with laws and regulations, said the spokesperson.
China adds 6 US firms to unreliable entity list
China adds 6 US firms to unreliable entity list
