Yang Zhan
On May 31, 2019, the Ministry of Commerce of China (“MOFCOM”) announced that China will establish an “Unreliable Entity List” (“UEL”) targeting on foreign entities and individuals that fail to comply with the principles of market economy, deviate from the contractual spirit, or cut off supplies to Chinese companies for non-commercial purposes, as well as that threaten the China national security or seriously damage the legitimate rights and interests of Chinese companies.

Later on, on June 1, 2019, Mr. Wang Hejun, the Director General of the Treaty & Law Department of MOFCOM, further disclosed some key messages explaining the UEL and stated that more specific restrictions and measures will be promulgated in due course.

Read More

Authored by Yang Zhan <yangzhan@anjielaw.com> at  AnJie Law Firm