China on Saturday criticized the latest US decision to tighten export controls that would make it harder for China to acquire and manufacture advanced computing chips, calling it a violation of international economic and trade rules that impose “isolated and reversal” on the US. ” Will happen.
“Out of the need to maintain its sci-tech hegemony, the US abuses export control measures to maliciously block and suppress Chinese companies,” said foreign ministry spokeswoman Mao Ning.
“This will not only harm the legitimate rights and interests of Chinese companies, but will also affect the interests of American companies,” she said.
Mao also said that US “weapons and politicization” of science and technology as well as economic and trade issues will not stop China’s progress.
She was speaking on Friday after the US updated export controls to include some advanced, high-performance computing chips and semiconductor manufacturing equipment, as well as new licensing requirements for items that can be used in supercomputers or semiconductor development. will be done for China.
The US said the export controls were added as part of ongoing efforts to protect US national security and foreign policy interests.
US-China relations have deteriorated in recent years over technology and security issues. The US has implemented a slew of measures and sanctions to prevent China from acquiring chip technology, while China has invested billions in the production of semiconductors.
The tension has affected semiconductor companies in the US and globally that either export chips to China or manufacture chips. semiconductor companies such as NVIDIA And amd The share price has seen a decline of 40 percent in the last one year.
Semiconductor Industry Association, “We understand the goal of ensuring national security and urge the U.S. government to enforce regulations in a targeted manner — and in collaboration with international partners — to level the playing field and untangle American innovation.” To help minimize the damage.” which represents the US semiconductor industry, said in a statement.