Hey tech enthusiasts! 🤖
Big news from the world stage: China just clapped back at the US over new semiconductor export controls, calling them \"economic coercion\" and \"non-market behavior\". 😱
On Monday, China's Ministry of Commerce didn't hold back, accusing Washington of \"saying one thing and doing another\" when it comes to trade. They slammed the US for using national security as a pretext to mess with global markets.
A ministry spokesperson said the US is \"abusing export control measures\" and expanding the idea of national security in ways that shake up global supply chains. 🌐
\"The US has seriously obstructed normal international trade relations and undermined market rules and the international economic order,\" the spokesperson stated, adding that \"China firmly opposes such actions.\"
So what's the deal? The US dropped some fresh restrictions on exporting semiconductor manufacturing gear and chips to China, while also blacklisting 136 Chinese entities. Talk about a tech cold war! ❄️💻
China sees this move as the US stretching its reach, interfering with trade between China and other countries. It's a complex game of tech chess, and everyone's watching to see the next move. ♟️
Reference(s):
China firmly opposes US semiconductor export control measures
cgtn.com
