Beijing, 🇨🇳—China is not happy. On Monday, the Chinese mainland strongly condemned the United States for rolling out new restrictions on semiconductor exports. The tech world just got a bit more complicated!
A spokesperson from the Ministry of Commerce expressed deep concern over the latest U.S. moves. The new measures tighten controls on semiconductor manufacturing equipment and storage chips, making it tougher for China to access key tech components.
The spokesperson pointed out that the U.S. added 136 Chinese entities to its export control list. That's a big deal! They accused the U.S. of using its power to interfere with China's trade with other countries. Sounds like some major economic drama. 💥
China argues that the semiconductor industry is super globalized. These unilateral actions by the U.S. are messing with normal trade, breaking market rules, and shaking up the international economic order. Not cool! 😕
They also mentioned that these moves could backfire on U.S. companies in the semiconductor game. Talk about a plot twist! 🎭
China isn't just sitting back. They've vowed to take necessary steps to protect their legitimate rights and interests. This tech tussle is heating up! 🔥
(Cover image via CFP)
Reference(s):
cgtn.com
