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A Glimpse of Provisions on the Unreliable Entity List

On September 19, 2020, the Ministry of Commerce of the PRC (MOFCOM) issued the Provisions on the Unreliable Entity List (Order of the MOFCOM 2020 No. 4, hereinafter referred to as the Provisions), which provides legal basis for MOFCOMs earlier announcement to establish the Unreliable Entity List on May 31, 2019. Although the Provisions contains only fourteen articles and lacks details on implementation, it is clear response to domestic and foreign enterprises concerns on the Chinese version of Control List, and it provides institutional guarantee for preventing major risks posed to Chinese entities such as supply cut-off or economic blockade. Read more…