Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
Home»Finance»China says the U.S. has ‘weaponized’ chip export controls
Finance

China says the U.S. has ‘weaponized’ chip export controls

January 11, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
China says the U.S. has 'weaponized' chip export controls
Share
Facebook Twitter LinkedIn Pinterest Email

Chinese language and U.S. flags flutter close to The Bund, earlier than U.S. commerce delegation meet their Chinese language counterparts for talks in Shanghai, China July 30, 2019.

Aly Music | Reuters

BEIJING — China’s Ministry of Commerce mentioned Thursday the U.S. is weaponizing export controls and utilizing them as a instrument.

”We’re extremely involved about the US’ direct intervention and interference within the situation of high-tech exports by Dutch corporations to China,” spokesperson Shu Jueting mentioned on the ministry’s first press convention in 2024, in response to a CNBC translation of her Mandarin-language remarks.

“The US has instrumentalized and weaponized export management points,” she mentioned, calling for the Dutch facet to “respect the spirit of the contract and help companies in conducting compliant commerce.”

She was responding to a query about ASML, the Netherlands-based firm that makes lithography machines which might be key to manufacturing superior semiconductors.

ASML mentioned in a Jan. 1 assertion the Dutch authorities restricted it from exporting some lithography merchandise to China.

Nvidia will find ways to fill the China portion of their business: Morgan Stanley's Joseph Moore

The Dutch authorities final yr introduced new restrictions on exporting sure tools for manufacturing superior chips. The transfer adopted U.S. export controls aimed toward limiting the Chinese language army’s entry to high-end semiconductor expertise.

ASML mentioned within the assertion that after discussions with the U.S. authorities, it discovered the most recent U.S. export guidelines in October cowl sure lithography instruments.

China “firmly opposes” such strikes and can take “vital measures” to guard Chinese language enterprise pursuits, Shu mentioned.

The ministry final yr introduced export controls on some metals utilized in chipmaking.

U.S.-China commerce talks deal with chips

Chinese language Commerce Minister Wang Wentao additionally raised considerations about U.S. chip export controls in a name Thursday with U.S. Commerce Secretary Gina Raimondo, in response to the ministry.

Wang “centered on expressing critical concern about U.S. restrictions on third-party exports of lithography machines to China, investigations into the provision chain of legacy chips and sanctions that suppress Chinese language corporations,” the ministry mentioned in a Chinese language-language readout translated by CNBC.

The U.S. Division of Commerce didn’t instantly reply to a request for remark outdoors of U.S. enterprise hours.

Source link

China Chip controls export U.S weaponized
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Which AI-Powered Adtech Stock Is the Better Buy?

March 7, 2026

Here’s Why Garmin Stock Soared in February

March 7, 2026

Robinhood Unveils New Platinum Card Offering $250 Autonomous Ride Credit, TSA PreCheck Access, Cashbacks—Here’s What You Need To Know

March 7, 2026

Oil Surges To Its Highest Price Since 2023, And Stocks Drop After A Weak Update On The U.S. Job Market

March 7, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Which AI-Powered Adtech Stock Is the Better Buy?

March 7, 2026

Donald Trump Snaps At Fox News Reporter Over ‘Stupid’ Question

March 7, 2026

Google Pixel 10 vs Pixel 10a: A closer look at design, display, and camera upgrades | Technology News

March 7, 2026

Here’s Why Garmin Stock Soared in February

March 7, 2026
Popular Post

‘Appreciated, now pay’: Elon Musk’s reply to politician AOC on blue tick fee

Five lessons learned from the Matthew Sluka NIL saga

TRS takes swipe at PM Modi over inauguration of fertiliser plant

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2026 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.