Possible China Blacklist Adds More Uncertainty for U.S. Businesses
News last week that China might release a blacklist of U.S. companies sparked speculation about which companies might be on the list, and the impact of such a list on technology and geopolitics.
Beijing’s potential release of the blacklist is widely seen as a retaliatory response to U.S. moves to restrict Chinese companies, including Huawei Technologies Co. and ByteDance Ltd.’s video-sharing app TikTok.
A federal judge Sunday blocked the Trump administration from banning the popular app amid a pending restructuring deal that includes
Oracle Corp.
and
Walmart Inc.
Huawei, following a series of restrictions including placement on a U.S. trade blacklist, recently has been racing to develop its own operating system in the absence of U.S.-origin technology.
It’s unclear who is on the Chinese blacklist, but observers said it could include businesses that compete directly with Chinese companies. Some believe the list could span beyond technology companies.
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