Amid rising tensions in the tech cold war, China is rallying nations to resist what it calls 'economic coercion' by the U.S. in the semiconductor sector. 🌐⚡ The Chinese mainland’s Ministry of Commerce issued a fiery statement Friday, urging countries like Japan and the Netherlands to reject pressure from Washington to restrict chip exports to China.
🤖 Why it matters: Semiconductors are the lifeblood of modern tech – from smartphones to AI. The U.S. has reportedly pushed allies to tighten chip trade restrictions, a move China claims disrupts global supply chains and 'deviates from free trade principles.' Think of it like someone trying to block your ex on social media… but for trillion-dollar industries.
💡 Beijing’s pitch: 'Let markets – not politics – decide,' argues China’s commerce ministry. They’re framing this as a fight to protect globalization, stating semiconductor networks took decades to build through corporate choices (not government mandates). Meanwhile, Washington claims export controls are about national security. 🔒
🌍 Global ripple effect: With major chipmakers like ASML (Netherlands) and TSMC (Taiwan region) caught in the crossfire, businesses worldwide face tough choices. China warns the U.S. strategy could 'split the global market' – translating to pricier gadgets, delayed innovations, and boardroom chaos for tech giants.
What’s next? Analysts predict more behind-the-scenes negotiations as nations weigh economic interests against geopolitical alignments. One thing’s clear: In this high-stakes game of 'Silicon Risk,' everyone’s scrambling to protect their chips. 🎲
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China urges countries to resist U.S. coercion in semiconductor sector
cgtn.com