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Chinese Think Tank Criticizes U.S. Chip Ban as Economically Unsound

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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. 🤝✨

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