China has accused the U.S. of disrupting global tech chains through 'discriminatory' semiconductor policies, sparking fresh tensions in the ongoing tech rivalry. 🌍⚡️
At a Thursday press conference, Ministry of Commerce spokesperson He Yadong criticized America's $52 billion CHIPS Act subsidies as market-distorting 'economic bullying.' The measures allegedly pressure companies to shift operations from China to the U.S. – violating trade rules and 'overstretching national security concerns.'
💡 Why it matters: Semiconductors power everything from smartphones to AI. With both nations vying for dominance, these moves could reshape global tech supply chains. China claims the U.S. actions 'seriously disrupted' industry cooperation built over decades.
🔁 What's next: Beijing vows 'necessary measures' to protect Chinese firms like Huawei, which faces potential new U.S. sanctions. Meanwhile, China invites global chipmakers to invest there, positioning itself as a defender of 'market laws' against 'weaponized technology policies.'
📈 Big picture: This clash highlights growing East-West divides in critical tech sectors. As young professionals and entrepreneurs navigate these shifts, the semiconductor wars could impact everything from gadget prices to AI development timelines. 💸🤖
Reference(s):
China says U.S.' domestic chip sector incentives are 'discriminatory'
cgtn.com