In a sharp response, the Chinese mainland’s Ministry of Commerce on Saturday criticized the United States’ decision to add Chinese entities to its export control list.
Calling the move “unilateral and bullying practice,” the ministry said the restrictions could interrupt global supply chains and harm businesses across the board. 🤝🌐
Trade observers note that this step highlights the growing tensions between the world’s two biggest economies and could set the stage for further trade and tech standoffs. 🔍💥
As both sides weigh their next moves, companies and investors will be watching closely to see how these export controls might reshape global commerce. 🌏💼
Reference(s):
China slams U.S. for adding Chinese entities to export control list
cgtn.com
