In a fiery rebuke that’s shaking up the tech world , China’s business leaders have called out the U.S. for 'abusing' semiconductor export controls – warning these moves could destabilize global tech innovation and hurt everyone from gamers
to AI developers.
What’s Sparking the Tension?
The China Council for the Promotion of International Trade (CCPIT) accused Washington of 'long-arm jurisdiction' after the U.S. announced tighter export rules this week, blacklisting 136 Chinese entities from accessing advanced chipmaking gear. Think of it like banning LEGO blocks from a playground – but for cutting-edge tech.
Why It Matters to YOU
Your next smartphone upgrade? Prices could spike if supply chains fracture.
AI projects (yes, even that ChatGPT competitor) might face delays.
U.S. tech firms like Nvidia and Intel could lose billions in Chinese market access.
‘This isn’t just a China-U.S. issue,’ a CCPIT spokesperson stressed. ‘It’s about whether we prioritize collaboration or chaos in building tomorrow’s technologies.’
The Bigger Picture
With semiconductor factories spanning from Taiwan to Texas, experts warn these restrictions could backfire like a misprogrammed robot . China’s calling for urgent talks to keep global supply chains – and your favorite gadgets – running smoothly.
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China's business community slams U.S. abuse of export control measures
cgtn.com