Beijing yesterday, Wednesday, suspended the list of insolvent business entities, as well as export control measures against multiple US entities, according to a statement from the Ministry of Commerce. Answers to relevant questions submitted by journalists, a spokesman for the same ministry said that the measure, which added 11 US companies to the insolvency list of China and announced on April 4, has been suspended for 90 days. A decision, taken by Beijing on April 9, and according to which six US companies were added to the same list, has also been suspended, according to the same spokesman, who added that businesses operating in the Chinese market are now allowed to seek their cooperation with US business entities. Source: RES
Source: News Beast
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