In a recent press briefing in Beijing, Chinese Foreign Ministry spokesperson Lin Jian called on the United States to uphold the principles of a market economy and ensure fair competition. This statement comes as a response to the latest U.S. export controls targeting China's semiconductor industry.
Lin Jian emphasized the importance of mutual respect in international trade, highlighting how such measures impact the global tech landscape. The semiconductor sector, a critical component of modern technology, has become a focal point in U.S.-China relations, influencing everything from smartphones to advanced military equipment.
By advocating for fair competition, China underscores its commitment to a level playing field, urging the U.S. to consider the broader implications of export restrictions on innovation and economic growth. This dialogue reflects the ongoing efforts to navigate complex trade dynamics in an increasingly interconnected world.
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China urges U.S. to respect market economy, fair competition
cgtn.com
