Hey there! Did you hear the news? China has decided to give 17 U.S. companies a 90-day pause before taking any action against them. π
So, what’s this all about? Well, China’s Ministry of Commerce announced that starting from May 14, they are putting a hold on placing these companies on something called the unreliable entity list. π€
The unreliable entity list is a list of companies that might not be following certain rules or might be causing problems in trade. By pausing this action, China is giving these companies more time. β³
This move could help improve cooperation and understanding between China and the United States. It’s a big deal because it affects how countries work together in business and trade! π
What do you think about this decision? Let us know! π¬
Reference(s):
China pauses unreliable entity list measure on 17 U.S. entities
cgtn.com