On Friday, the 15th of May 2020, Chinese Global Times newspaper, a mouthpiece for the leaders of China’s ruling centre-left party, had revealed in a report that Beijing was working out a move to put a swathe of US companies in an “unreliable entity list” in the latest act of retaliation against the Trump Administration’s measure to bar sales of semiconductors manufactured by using US intel to the Chinese tech conglomerate, Huawei Technologies, citing a source familiar with the subject-matter who wished to remain anonymous.
Earlier in the day, the US Commerce Department said in a statement, “United States is amending an export rule to strategically target Huawei’s acquisition of semiconductors that are the direct product of certain U.S.
software and technology,” which in effect had spurred up heats on the Sino-US trade war frontiers. Apart from that, according to Friday’s (May 15th) report of the Global Times, published by the People’s Daily, the official newspaper for the China’s ruling communist party, latest tit-for-tat measures from Beijing would include wide-ranging approaches including initiating a raft of investigations against the US companies conducting businesses in China alongside a restriction on sales of US heavyweights such as Apple Inc., Qualcomm Inc., Cisco Systems Inc.
On top of that, Friday’s (May 15th) Global Times report had also quoted the source as saying that the countermeasure against Washington’s move to block Huawei Technologies’ telecom gears out of the global market would also involve cancellation of purchases of the Boeing Co. aircrafts.