China's Ministry of Commerce has expressed strong opposition to the United States' revised rules tightening exports of AI chips and chipmaking tools to the Chinese mainland. 🇨🇳🤖
In a statement released on Sunday, the ministry highlighted that the modified rules are arbitrary and hinder normal economic and trade cooperation between Chinese and U.S. companies. This move not only affects businesses in both countries but also causes ripples across the global semiconductor industry. 🌐💼
According to the ministry, the latest revision came less than six months after the U.S. introduced similar rules on October 17, 2023. The constant changes are creating an unstable and unpredictable business environment for global companies, including those in the U.S. 📆🔁
By overstretching the concept of national security and arbitrarily revising control measures, the U.S. is putting more obstacles in the way of normal trade cooperation. This imposes a heavier compliance burden and brings significant uncertainties to the global semiconductor sector. 😓📉
The semiconductor industry is highly globalized, the result of decades of growth following market laws and enterprise choices. The ministry emphasized that as the world's largest semiconductor market, China is willing to work with all parties to promote mutually beneficial cooperation and ensure the security and stability of the global semiconductor industrial and supply chains. 🤝🔗
Let's hope that cooler heads prevail and that cooperation triumphs over confrontation in the tech world! 🌟💡
Reference(s):
China firmly opposes U.S. export curbs on AI chips and tools
cgtn.com
