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China ready to put Apple, other U.S. companies in 'unreliable entity list': Global Times
Reuters ^ | May 15, 2020 | by Shubham Kalia

Posted on 05/15/2020 5:44:08 AM PDT by Oldeconomybuyer

China is ready to put U.S. companies in an “unreliable entity list,” as part of countermeasures against Washington’s move to block shipments of semiconductors to Huawei Technologies, the Global Times reported on Friday.

The measures include launching investigations and imposing restrictions on U.S. companies such as Apple Inc, Cisco Systems Inc, Qualcomm Inc as well as suspending purchase of Boeing Co airplanes, the report said here citing a source.

The Global Times is published by the People’s Daily, the official newspaper of China’s ruling Communist Party. While the Global Times is not an official mouthpiece of the party, its views are believed to reflect those of its leaders.

Earlier in the day, the U.S. Commerce Department said it was amending an export rule to “strategically target Huawei’s acquisition of semiconductors."

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: ccp; china; communism
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To: Oldeconomybuyer

Uh...isn’t CHINA at the top of the “unreliable entity” list?


21 posted on 05/15/2020 6:29:14 AM PDT by G Larry (The People must shutdown the tyrants.)
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To: Oldeconomybuyer

Good news. Get the hell out of there.


22 posted on 05/15/2020 6:30:58 AM PDT by Chauncey Gardiner
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To: Lurker

Start with

1) Eliminate Chinese citizens being eligible for H1B

2) Deny Chinese student visas. We’re going to have issues with our universities anyway.


23 posted on 05/15/2020 6:31:45 AM PDT by PapaBear3625 ("Those who can make you believe absurdities, can make you commit atrocities." -- Voltaire)
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To: Oldeconomybuyer

Apple has a new iphone coming out and some of the production was in Wuhan so they moved it elsewhere due to the wuhan virus. Now china is going to punish them for that?


24 posted on 05/15/2020 6:32:59 AM PDT by Pollard (whatever)
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To: heshtesh

China haz been waging economic war on us for 30 years already.


25 posted on 05/15/2020 6:38:05 AM PDT by henkster ("We can always fool the foreigner" - Chinese Proverb)
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To: PapaBear3625

Cancel ALL visas held by Chinese nationals. That includes their diplomats.

Give them ALL 7 days to leave US soil or face arrest and imprisonment.

L


26 posted on 05/15/2020 6:39:11 AM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: Oldeconomybuyer

They think their hand is stronger than it is.


27 posted on 05/15/2020 6:40:44 AM PDT by glorgau
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To: Oldeconomybuyer

Better stock up on computer and cellphone equipment! Don’t be among the have-nots in the very near future.

Poll: 40% of Families More Likely to Homeschool When Pandemic Ends
https://www.breitbart.com/politics/2020/05/14/poll-40-of-families-more-likely-to-homeschool-when-pandemic-ends/


28 posted on 05/15/2020 7:10:22 AM PDT by familyop (Hell hath no fury like a scorned parrot.)
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To: Lurker

Its an outrage any publicly traded company has any H1Bs from China - they need to be gone last week. The world did fine without China, we will again.


29 posted on 05/15/2020 7:10:45 AM PDT by datricker (Cut Taxes Repeal ACA Deport DACA - Americans First, Build the Wall, Lock her up MAGA!)
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To: Lurker

Yup. They are on the verge of collapse. All we gotta do is have the balls to push them over the edge.


30 posted on 05/15/2020 7:11:16 AM PDT by fuente (Liberty resides in three boxes: the ballot box, the jury box and the cartridge box--Fredrick Douglas)
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To: Oldeconomybuyer

OK. Huawei still can’t be in charge of our wireless network, or electrical grid, or any other technology that is national security related. Also, no more Chinese educational contacts. And you can’t have our pigs, either. Does the US need China more than China needs the US? I think not.


31 posted on 05/15/2020 7:22:29 AM PDT by Savage Rider
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To: Oldeconomybuyer

Thanks for helping finalize the divorce!


32 posted on 05/15/2020 9:29:47 AM PDT by jimmygrace
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To: Oldeconomybuyer

The old phrase “Dancing with the devil” comes to mind.


33 posted on 05/15/2020 9:44:37 AM PDT by Joe Brower ("Might we not live in a nobler dream than this?" -- John Ruskin)
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To: Lurker

And make Taiwan a nuclear power.


34 posted on 05/15/2020 11:04:38 AM PDT by 2001convSVT (Medicare for All = Medical Care for None!)
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