Hey amigos! 
Ever thought about how the chips in your gadgets get from the factory to your hands? Well, things are heating up in the tech world! 
China's business community isn't pleased with the U.S.'s latest move to tighten controls on semiconductor exports. A spokesperson for the China Council for the Promotion of International Trade (CCPIT) spoke out on Wednesday, calling the U.S. actions unfair and harmful to global cooperation.
So, what's the scoop? 
The U.S. announced stricter controls on exporting semiconductor manufacturing equipment and memory chips to China, adding a whopping 136 Chinese entities to its Entity List. This means more barriers for China's tech industry, and China's businesses are not happy about it.
The CCPIT spokesperson slammed the U.S. for overstepping and imposing its laws on Chinese companies, calling it \"economic coercion\" and saying it violates market economy rules and fair competition principles.
\"These actions shake the very foundations of the global semiconductor industry,\" the spokesperson warned. And it's not just China that could feel the pinch—such moves might backfire on U.S. companies and shake up the entire tech world! 
The global semiconductor industry thrives on cooperation and communication, and unilateral sanctions could throw a wrench in the works. The spokesperson emphasized that keeping global supply chains resilient and stable is key to a healthy global economy—that's something we can all get behind, right? 
China's business community is calling on the U.S. to hit the brakes on these control measures ASAP, stick to international trade rules, and work together to promote a healthy global semiconductor industry. After all, teamwork makes the dream work! 
Stay tuned, tech lovers! This is a story that's bound to keep developing, and we'll keep you in the loop. 
Reference(s):
China's business community slams U.S. abuse of export control measures
cgtn.com
