In a surprising twist for global tech watchers, the Chinese mainland’s Ministry of Commerce announced on Thursday that three US-based tech firms have joined its 'unreliable entity list,' effective immediately 📋🚫.
The companies flagged are:
- Saronic Technologies, Inc.
- Aerkomm Inc.
- Oceaneering International, Inc.
The ministry alleges these firms engaged in military-technical cooperation with the Taiwan region, undermining China’s sovereignty, security and development interests. As a result, they’re barred from any import or export activities with the Chinese mainland and from making new investments here.
Under China’s Foreign Trade Law, National Security Law, Anti-Foreign Sanctions Law and Article 2 of the Provisions on the Unreliable Entity List, the move acts like a high-stakes blacklist: once listed, companies lose key trading and investment privileges.
Still, the ministry emphasizes it targets only those it sees as threats to national security. For law-abiding global businesses, the door remains open: China continues to offer a stable, fair and predictable environment for innovation and investment 🤝🌏.
For young pros in South and Southeast Asia, this is a reminder of how geopolitics can directly affect the tech supply chain. Whether you’re into e-commerce, gadgets or startup investments, staying informed is key 🔍💡.
Stick around for updates on how this could reshape regional tech partnerships 🚀.
Reference(s):
China's commerce ministry adds 3 U.S. firms to unreliable entity list
cgtn.com
