That has been the threat since MOFCOM announced the list at the end of May last year. It then took 15+ months for any detail of how it would work to be announced. I’m not saying nothing will happen, but so far the list is a paper tiger.https://www.bloomberg.com/news/articles/2019-05-31/china-to-set-up-unreliable-entity-list-after-u-s-huawei-ban …
Chinese state media journalist says HSBC and Fedex will be classified as “unreliable” foreign businesses that pose a threat to China’s national security. https://twitter.com/qingqingparis/status/1307217401751023616 …
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Lawfare 101: use when triggered.
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Is the money i.e. bank note issued by HSBC reliable?
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汇丰? 香港会怎么样? 大地震了。
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what will they do with the "unreliable" businesses ?
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Continue to do business with them. Just keep it quiet.
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Oh dear
So HSBC siding with the CCP in Hong Kong maybe wasn't a great idea after all. Isn't Karma great 
https://www.telegraph.co.uk/business/2020/08/26/china-bullied-hsbc-blocking-accounts-pro-democracy-supporters/ … -
Best of both worlds, as in being the bad kid in both eyes.
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