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Seven US companies added to China's unreliable entity list over Taiwan arm sales

( January 15, 2025, 02:33 GMT | Official Statement) -- MLex Summary: Seven US companies, including Inter-Coastal Electronics, Axient, and IronMountain Solutions, have been included in China's unreliable entity list because of their arms sales to Taiwan, according to the Ministry of Commerce. The companies are prohibited from engaging in import-export activities or making any new investments in China. Additionally, their senior executives will be denied entry, and their work permits, stay, and residence qualifications in the country will be denied or canceled. The measures have been in effect since Jan. 14.The statement follows:...

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