China places 10 U.S. companies on its "unreliable entities" list
China's Ministry of Commerce (MOC) revealed on Thursday that 10 U.S. companies have been included on the unreliable entities list due to their involvement in selling arms to the Taiwan region.
TroibNews 
On Thursday, China's Ministry of Commerce announced the addition of 10 U.S. companies to its unreliable entities list due to their involvement in arms sales to the Taiwan region.
Among the newly listed companies are Lockheed Martin Missiles and Fire Control, Lockheed Martin Aeronautics, and the Lockheed Martin Missile System Integration Lab.
According to the ministry's announcement, these companies will be prohibited from participating in any China-related import or export activities, and they will not be allowed to make new investments in the country.
Additionally, senior executives from these firms will face a ban on entering China, their work permits and residency status will be revoked, and any related applications they submit will be denied.
The MOC highlighted that these companies have been involved in arms sales to Taiwan and have engaged in what it referred to as cooperation on military technologies in recent years, despite strong opposition from China.
The ministry stated that their actions have severely undermined China's sovereignty and territorial integrity, in violation of the one-China principle and the three China-U.S. joint communiques, and have posed a threat to peace and stability across the Taiwan Straits. It also noted that the companies will be held legally accountable for their actions.
The MOC emphasized that its provisions regarding unreliable entities specifically target foreign entities that threaten China’s national security. It reassured that the Chinese government remains open to foreign investment and aims to create a stable, fair, and predictable environment for law-abiding companies operating in the country.
Camille Lefevre for TROIB News
Among the newly listed companies are Lockheed Martin Missiles and Fire Control, Lockheed Martin Aeronautics, and the Lockheed Martin Missile System Integration Lab.
According to the ministry's announcement, these companies will be prohibited from participating in any China-related import or export activities, and they will not be allowed to make new investments in the country.
Additionally, senior executives from these firms will face a ban on entering China, their work permits and residency status will be revoked, and any related applications they submit will be denied.
The MOC highlighted that these companies have been involved in arms sales to Taiwan and have engaged in what it referred to as cooperation on military technologies in recent years, despite strong opposition from China.
The ministry stated that their actions have severely undermined China's sovereignty and territorial integrity, in violation of the one-China principle and the three China-U.S. joint communiques, and have posed a threat to peace and stability across the Taiwan Straits. It also noted that the companies will be held legally accountable for their actions.
The MOC emphasized that its provisions regarding unreliable entities specifically target foreign entities that threaten China’s national security. It reassured that the Chinese government remains open to foreign investment and aims to create a stable, fair, and predictable environment for law-abiding companies operating in the country.
Camille Lefevre for TROIB News
