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    China Condemns US Tech Crackdown, Vows Retaliation

    China Accuses US of Unfair Targeting of Tech Companies Mexico City – Tensions between the United States and China escalated further today following a statement by Chinese Foreign Ministry spokesperson, Lin Jian. Lin Jian strongly condemned what he described as the US's abuse of export controls and long-arm jurisdiction to target Chinese technology companies. He stated, "The United States is exaggerating the concept of national security, abusing export controls, and engaging in long-arm jurisdiction to block and suppress the Chinese chip and AI industry." This action, he continued, "seriously violates market rules, destabilizes global industrial and supply chains, and undermines the legitimate rights and interests of Chinese enterprises." The statement comes amid growing concerns about the escalating trade war between the two global superpowers. Lin Jian's comments highlight China's increasing frustration with what it perceives as unfair trade practices by the United States. China has pledged to take firm measures to defend its right to development and the legitimate interests of its companies. The situation remains tense, with the potential for further economic and political repercussions.

    3 months ago
    MX
    China
    news summary
    politics
    China Condemns New US Export Controls on AI and Chips
    China Condemns New US Export Controls on AI and Chips
    peoplesdaily_renminribao
    3mo ago
    SG
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