Wang Huiyao, founder & president of the Center for China and Globalization 🌏, has voiced strong opposition to the U.S. decision to ban chip exports to China. In an interview with CGTN, he argued that such a move defies common sense and economic principles.
Wang emphasized that banning chip exports would not only hinder China's technological progress but also lead to significant losses for American companies. 📉💡
He further criticized the ban as detrimental to global economic stability, urging the U.S. to reconsider its stance for the sake of mutual economic growth and collaboration. 🤝✨
Reference(s):
cgtn.com