Maintaining a stable, fair and predictable business environment

Security issues: A Lockheed Martin Corp fighter jet taking off during an air show in Bengaluru, India. Over the years, Lockheed and Raytheon Missiles & Defense had sold arms to Taiwan despite China’s opposition. — Bloomberg

BEIJING: China’s Unreliable Entity List system is conducive to maintaining a stable, fair and predictable business environment in the country, says a trade expert in an interview with Xinhua.

Zhang Wei, deputy head of the Chinese Academy of International Trade and Economic Cooperation under the Commerce Ministry, made the remarks after China’s decision to add two US companies to its Unreliable Entity List because they sold arms to China’s Taiwan region.