China is urging the U.S. to respect market economy rules and fair competition after Washington rolled out new export controls targeting Chinese semiconductor access. 🌐⚡ The call came from Chinese Foreign Ministry spokesperson Lin Jian during a Tuesday press briefing in Beijing, where he emphasized the need for 'healthy competition' amid rising tech tensions.
'The U.S. restrictions disrupt global industrial chains and violate basic economic principles,' Lin said, adding that such moves 'harm others without benefiting oneself.' 💡 The remarks follow recent U.S. measures limiting advanced chip exports to the Chinese mainland—a move seen as part of the ongoing tech rivalry between the two nations.
Semiconductors are the backbone of modern tech, from AI to smartphones, making this a high-stakes battle. 📱💻 Analysts say the dispute could reshape global tech supply chains, impacting everyone from startups to major manufacturers. For young professionals and entrepreneurs, it’s a reminder to stay agile in an unpredictable market.
Lin reiterated China’s commitment to innovation-driven growth, stating: 'We will continue to protect fair competition and welcome cooperation.' 🤝 Will this tech tug-of-war spark new opportunities or deeper divisions? Stay tuned.
