China has fired back at Washington over fresh restrictions on semiconductor exports, calling the move a “blatant economic coercion tactic” that threatens global tech stability. 🌐⚡ The country's commerce ministry warned Monday that 136 Chinese tech entities were added to a U.S. export control list, targeting advanced chip manufacturing gear and storage components.
Global Supply Chains at Risk? 🎯
A ministry spokesperson argued that semiconductors thrive on global collaboration, claiming the U.S. measures disrupt market rules and could “freeze innovation” for American tech giants. 💼📉 The restrictions also employ “long-arm jurisdiction” to block China's third-party trade partnerships—a move Beijing calls “unfair” and “destructive.”
Tech Wars Escalate 🚨
With China vowing to protect its interests, industry analysts worry these curbs might spark a domino effect. 🔄💡 “This isn’t just about chips—it’s about who controls tomorrow’s AI, quantum computing, and green tech,” said a Shanghai-based tech analyst. Meanwhile, U.S. firms like Nvidia and Intel face uncertainty as geopolitical lines harden.
📸: Cover image via CFP
Reference(s):
cgtn.com