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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