China says U.S. moves to limit access to advanced computer chips hurt supply chains, cause huge losses
The Hindu
China protests U.S. export controls on advanced computer chips and equipment, citing violation of international trade rules and threat to industrial supply chains. U.S. Commerce Secretary Gina Raimondo defends the restrictions, saying they are meant to protect technologies with clear national security or human rights implications. China to take "all necessary measures" to safeguard its rights and interests, while U.S. and China to exchange info on export controls.
China vigorously protested on October 18 the U.S. Commerce Department’s latest update of export controls to prevent exports to China of advanced computer chips and the equipment to make them.
The revisions to the U.S. rules were announced on October 17, roughly a year after the export controls were first launched to counter the use of the chips for military applications that include the development of hypersonic missiles and artificial intelligence.
China’s Commerce Ministry said the controls were “improper” and urged that Washington lift them as soon as possible.
It said that since the semiconductor industry is highly globalized, the restrictions on chips used for artificial intelligence and other advanced applications were hindering normal trade and economic activities. They violate international trade rules and “seriously threaten the stability of industrial supply chains,” it said according to a transcript of a briefing on the ministry's website.
“U.S. semiconductor companies have suffered huge losses and semiconductor companies in other countries have also been affected,” it said.
The Chinese Commerce Ministry said Beijing would take “all necessary measures” to safeguard its rights and interests, without giving any details.
In a call with reporters, U.S. Commerce Secretary Gina Raimondo said the restrictions are meant to protect technologies with clear national security or human rights implications.”
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