October 12, 2022
Officials and analysts claimed that Washington’s most recent restrictions on supplying chips and chipmaking equipment to China are an act of technological hegemony that will devastate the highly globalized semiconductor supply chain and harm multinational corporations from all over the world.
According to them, these actions are a part of the US government’s well-planned and methodical effort to restrain China’s technological advancement at the expense of the interests of international semiconductor firms, including US chip companies that have greatly benefited from the sizeable Chinese market.
The remarks were made following the publication of a new set of export controls by the US Commerce Department, which included a measure to exclude China from receiving specific semiconductor chips produced anywhere in the world using US equipment and adding more Chinese firms to an export control list.
The additional limits imposed by the US, according to Mao Ning, a spokesperson for the foreign ministry, will obstruct international tech exchanges and economic cooperation and jeopardize the stability of global supply chains and the recovery of the global economy.
Technology, economic, and trade issues will not be politicized and turned into weapons by the US, according to Mao, and doing so will only harm the US.
The most recent US export limits restrict the export of specific chips used in artificial intelligence and supercomputing, and they have increased the limitations on the sale of semiconductor manufacturing equipment to any Chinese company that makes advanced logic chips.
Source: China Daily
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