Published on: 2025/01/16 10:00
Over in China, the Ministry of Commerce issued a statement denouncing recent U.S. trade restrictions, particularly those targeting China's semiconductor industry.
It said the Biden Administration's expansion of export controls, were economic coercion and a violation of international trade rules.
The commerce ministry spokesperson added that such measures disrupt global supply chains, and harm the interests of both Chinese and American companies.
This follows the U.S. Commerce Department's recent addition of several Chinese tech firms to its export control list, aiming to limit China's access to advanced semiconductor technologies.
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