China is reportedly planning to go after a series of American companies, including Apple, Qualcomm, Boeing, and others, in an attempt to seek revenge after Huawei was banned and hit with more sanctions by the United States government.
A report from the Global Times indicates that China wants to create a so-called “unreliable entity list” that would include foreign companies, such as Apple.
The plan is to also announce a series of restrictions on these companies, while also starting investigations that could eventually affect their operations. The investigations would be based on the Cybersecurity Review Measures and Anti-monopoly Law, albeit for now, it’s not yet clear if any companies are prone to fines or other sanctions under this set of rules.
“Endless investigations”
Furthermore, China wants to stop the acquisition of Boeing airplanes, the source revealed via people familiar with… (read more)
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