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US May Reportedly Add 200 CN Chip Firms to Trade Restriction List; CN MOC Firmly Opposes US Generalizing National Security Concept
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Earlier, Reuters reported that the US Chamber of Commerce sent an email to its members stating that the US government plans to announce new export restrictions on China as early as this Thursday (28th), which may add up to 200 Chinese chip companies to the trade restriction list to prohibit most US suppliers from shipping to these targeted companies. China's Ministry of Commerce (MOC) spokesperson He Yadong responded that China firmly opposes the generalization of the national security concept and the misuse of export control measures that impose discriminatory restrictions on Chinese enterprises. Such an approach severely disrupts international economic and trade order, destabilizes the global supply chain, and harms the interests of both Chinese and US companies, as well as the development of the global semiconductor industry, He said. AAStocks Financial News |
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