China targeted FedEx Corp. in its escalating trade war with the U.S., giving a hint of the kind of foreign companies it may blacklist as “unreliable.” As details of China’s criteria trickled out, the investigation into FedEx’s “wrongful delivery of packages” was framed as a warning by Beijing after the Trump administration imposed a ban on business with telecom giant Huawei Technologies Co. To designate an untrustworthy foreign entity, China will look at whether it discriminates against domestic companies, the state-run Xinhua news agency said Saturday. Other considerations will be violations of market rules, breach ... (full story)