China launches Anti- Us mechanism against Us sanctions after Washington banned Til Tok app downald

On Saturday, the Chinese Ministry of Commerce issued an announcement in which it mentioned the launch of a mechanism that would allow it to limit the activities of foreign companies, in a measure considered as a response to US sanctions on Chinese companies, especially Huawei, amid the ongoing escalation between Beijing and Washington. The announcement did not mention any specific foreign company.Show more

On the other hand, there are generally a number of operations that lead to the inclusion of companies on a "list of unreliable entities" and expose them to penalties ranging from fines to restrictions on their activities and investments in China and for their entry of employees or equipment into the country.

The ministry stated that this list would include companies that carry out activities that "harm China's national sovereignty and its interests in terms of security and development" or violate "internationally applicable economic and commercial rules."

The announcement was made at a time when the United States, as of Sunday, banned the downloads of the applications "Tik Tok" and "WeChat" owned by the two companies, "Bitdance" and "Tencent" The two Chinese.

In its statement, the Ministry of Commerce accused Washington of practicing "intimidation" and vowed that "if the United States continues its unilateral moves, China will take necessary measures to firmly protect the legitimate rights and interests of Chinese companies."

Tensions have escalated between the United States and China since August, when US President Donald Trump set a deadline for TikTok to sell its operations in the United States to accuse it of industrial espionage on behalf of Beijing, without revealing concrete evidence of this.

The Chinese Huawei Telecommunication Group has also been included in a US blacklist, which prevents it from entering the US market and obtaining important American technologies and components for its phones, and Washington is pressing the Europeans to force them to exclude Huawei in the future from the fifth generation (5G) internet networks