China’s Ministry of Commerce announced a major trade investigation Thursday into U.S.-exported low-priced chips, escalating tensions in the global tech arena. The probe, backed by Chinese trade laws and WTO rules, responds to domestic industry claims of unfair competition from American subsidies.
\"U.S. companies are flooding our markets with cheap chips, thanks to government cash injections,\" a ministry spokesperson said, referencing concerns from Chinese chipmakers about anti-dumping and anti-subsidy violations. The Biden administration’s support for its semiconductor sector, they argue, gives American firms an edge—while undercutting China’s domestic industry.
This isn’t just about chips—it’s a high-stakes chess match in the $500B+ global semiconductor market. With both nations racing for tech dominance, the outcome could reshape supply chains, pricing, and innovation strategies worldwide.
What’s next? If the investigation confirms unfair practices, China could impose tariffs or trade restrictions, sparking fresh debates about WTO compliance and the future of \"tech diplomacy.\" Stay tuned as this Silicon Cold War heats up!
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Ministry of Commerce: China to launch probe into U.S. low-priced chips
cgtn.com