China considers blacklisting FedEx after Huawei delivery errors

China is considering adding FedEx Corp to a list of so-called unreliable entities, people familiar with the matter said, a move that would escalate tensions with the U.S.

Authorities in China have almost completed the preparations that would be needed to blacklist FedEx, the people said, declining to be named because the information hasn’t been made public. A final decision would be made by senior Chinese leaders, the people said.