In a fiery statement, China's Ministry of Commerce (MOC) has called out the United States for its latest moves in the chip sector, labeling them as 'discriminatory' and disruptive to the global semiconductor scene. 💻🌐
According to MOC spokesperson He Yadong, the U.S. is overplaying the national security card, abusing export controls, and wreaking havoc on international semiconductor supply chains. Not cool, right? 😕
He pointed out that Uncle Sam is splashing huge subsidies and tax breaks on its domestic chip industry, pushing companies to ditch China in favor of the U.S. This, he says, goes against market laws and international trade rules, twisting the global semiconductor industry out of shape. 🧐
He emphasized that after decades of development, the semiconductor sector is super globalized—think of it like the Avengers assembling from all corners of the world! 🌍🦸
But wait, there's more! In response to the U.S. Department of Commerce considering adding several Chinese chip companies linked to Huawei to the sanctions list, He didn't hold back. He slammed the U.S. for politicizing and weaponizing economic and tech issues. 🎯
China sees the U.S.' actions as classic economic bullying that tramples on international economic and trade norms, messing up the global economic order. Ouch! 😬
He made it clear that China isn't taking this lying down. While urging the U.S. to rethink its moves, he stated that China will take necessary steps to protect its companies' legit rights and interests. 💪
Amid all this drama, China is staying committed to opening up. He welcomed global semiconductor firms to invest in China and help keep the global semiconductor industry healthy and thriving. Let's keep the tech world spinning together! 🤝💡
Reference(s):
China says U.S.' domestic chip sector incentives are 'discriminatory'
cgtn.com
