China’s reaction to America’s revised rules on semiconductor exports – Dainik Savera Times
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On Sunday (March 31), a spokesperson for the Chinese Commerce Ministry responded to the US’s revised rules on semiconductor exports. He said the US has once again revised its export control measures in less than six months. Companies in various countries, including the US, expect a stable and predictable business environment. The strict control measures imposed by the US have not only created greater obstacles for Chinese and US companies engaging in regular economic and trade cooperation, but also created significant uncertainty in the global semiconductor industry.
He also said that this situation seriously affects the mutually beneficial cooperation between Chinese and foreign enterprises, undermining their legitimate rights and interests. China expresses strong opposition to these measures.
Furthermore, a spokesperson for the Chinese Ministry of Commerce emphasized that China is the largest semiconductor market worldwide. China is willing to cooperate with all stakeholders to strengthen mutually beneficial cooperation and promote the security and stability of the global semiconductor industry and supply chain.
(Courtesy-China Media Group, Beijing)
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