China on Saturday criticized the latest US decision to tighten export controls that would make it more difficult for China to source and manufacture advanced computer chips, calling it a violation of international economic and trade rules that will “isolate and backfire” on the US. USA
“Out of the need to maintain its scientific and technological hegemony, the United States abuses export control measures to maliciously block and suppress Chinese companies,” Foreign Ministry spokeswoman Mao Ning said.
“It will not only harm the legitimate rights and interests of Chinese companies, but also affect the interests of US companies,” he said.
Mao also said that the US “militarization and politicization” of science and technology, as well as economic and trade affairs, will not stop China’s progress.
She spoke after the US on Friday updated export controls that included adding certain advanced high-performance computer chips and semiconductor manufacturing equipment to its list, as well as new licensing requirements for items that would be used in a supercomputer. or for the development of semiconductors in Porcelain.
The United States said the export controls were added as part of continuing efforts to protect the national security and foreign policy interests of the United States.
Relations between the United States and China have deteriorated in recent years due to technological and security issues. The United States has implemented a series of measures and restrictions designed to prevent China from obtaining chip technology, while China has earmarked billions to invest in semiconductor production.
The tensions have affected semiconductor companies in the US and around the world that export chips or make chips in China. Semiconductor companies like Nvidia and AMD have seen a 40% drop in share price over the past year.
“We understand the goal of ensuring national security and urge the US government to implement the rules specifically, and in collaboration with international partners, to help level the playing field and mitigate unintended harm to the US innovation,” the Semiconductor Industry Association, which represents the US semiconductor industry, said in a statement.