China has voiced strong opposition to the United States' recent revisions tightening exports of artificial intelligence (AI) chips and chipmaking tools to China, according to the Chinese Ministry of Commerce.
The ministry criticized the new U.S. rules as arbitrary, arguing that they not only hinder normal economic and trade cooperation between Chinese and American companies but also negatively impact the global semiconductor industry.
These revised export controls come less than six months after the U.S. initially introduced similar restrictions on October 17, 2023. The Ministry of Commerce emphasized the importance of a stable and predictable business environment for global companies, including those from the U.S.
China accused the U.S. of overextending the concept of national security to impose stricter control measures, thereby creating obstacles for trade cooperation and increasing compliance burdens. This move, according to Chinese officials, introduces significant uncertainties into the global semiconductor sector.
The global semiconductor industry has thrived for decades, driven by market forces and corporate choices. As the world's largest semiconductor market, China expressed its willingness to collaborate with all parties to enhance mutually beneficial cooperation and ensure the security and stability of the global semiconductor industrial and supply chains.
Reference(s):
China firmly opposes U.S. export curbs on AI chips and tools
cgtn.com
