China has fiercely criticized new U.S. restrictions on semiconductor exports, calling them “market-disrupting” and a threat to global trade stability. 🌍⚖️ The Ministry of Commerce warned the measures create risks for chip supply chains, pledging to defend China’s interests through “necessary actions.”
The U.S. recently added 140 Chinese firms to its trade blacklist, tightening rules on selling advanced chipmaking tools and memory chips. 💡 This move—part of an ongoing tech rivalry—has sparked backlash from Chinese industry groups urging companies to rethink reliance on American tech.
Four major associations representing semiconductors, autos, telecom, and internet sectors issued rare joint warnings this week. 🚗📱 The China Semiconductor Industry Association called U.S. policies “costly” for global supply chains, while automakers labeled U.S. chips “unreliable.”
💡 Key recommendations include:
– Diversifying chip suppliers beyond the U.S.
– Boosting partnerships with non-U.S. tech firms
– Prioritizing chips made by domestic and foreign-funded enterprises in China
With tensions reminiscent of a high-stakes tech thriller 🎬, analysts say this clash could reshape how the $500B semiconductor industry operates worldwide. Stay tuned for updates! 🔌
Reference(s):
cgtn.com