By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
24x7Report24x7Report
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
Search
© 2023 News.24x7report.com - All Rights Reserved.
Reading: China says the U.S. has ‘weaponized’ chip export controls
Share
Aa
24x7Report24x7Report
Aa
Search
  • Home
  • World News
  • Finance
  • Sports
  • Beauty
  • Fashion
  • Fitness
  • Gadgets
  • Travel
  • en English
    • en English
    • id Indonesian
    • ms Malay
    • es Spanish
Follow US
© 2023 News.24x7report.com - All Rights Reserved.
24x7Report > Blog > Finance > China says the U.S. has ‘weaponized’ chip export controls
Finance

China says the U.S. has ‘weaponized’ chip export controls

Last updated: 2024/01/11 at 10:18 AM
Share
3 Min Read
China says the U.S. has 'weaponized' chip export controls
SHARE

Chinese language and U.S. flags flutter close to The Bund, earlier than U.S. commerce delegation meet their Chinese language counterparts for talks in Shanghai, China July 30, 2019.

Aly Track | Reuters

BEIJING — China’s Ministry of Commerce stated Thursday the U.S. is weaponizing export controls and utilizing them as a software.

”We’re extremely involved about the US’ direct intervention and interference within the difficulty of high-tech exports by Dutch corporations to China,” spokesperson Shu Jueting stated on the ministry’s first press convention in 2024, based on a CNBC translation of her Mandarin-language remarks.

“The USA has instrumentalized and weaponized export management points,” she stated, calling for the Dutch aspect to “respect the spirit of the contract and help companies in conducting compliant commerce.”

She was responding to a query about ASML, the Netherlands-based firm that makes lithography machines which might be key to manufacturing superior semiconductors.

ASML stated in a Jan. 1 assertion the Dutch authorities restricted it from exporting some lithography merchandise to China.

Nvidia will find ways to fill the China portion of their business: Morgan Stanley's Joseph Moore

The Dutch authorities final yr introduced new restrictions on exporting sure gear for manufacturing superior chips. The transfer adopted U.S. export controls aimed toward limiting the Chinese language army’s entry to high-end semiconductor expertise.

ASML said in the statement that after discussions with the U.S. authorities, it discovered the newest U.S. export guidelines in October cowl sure lithography instruments.

China “firmly opposes” such strikes and can take “vital measures” to guard Chinese language enterprise pursuits, Shu stated.

The ministry final yr introduced export controls on some metals utilized in chipmaking.

See also  Frontier Adds Three New Direct Cancun Routes to 14 Existing U.S. Gateways — Fares Starting at $99

U.S.-China commerce talks deal with chips

Chinese language Commerce Minister Wang Wentao additionally raised issues about U.S. chip export controls in a name Thursday with U.S. Commerce Secretary Gina Raimondo, based on the ministry.

Wang “targeted on expressing critical concern about U.S. restrictions on third-party exports of lithography machines to China, investigations into the provision chain of legacy chips and sanctions that suppress Chinese language corporations,” the ministry stated in a Chinese-language readout translated by CNBC.

The U.S. Division of Commerce didn’t instantly reply to a request for remark exterior of U.S. enterprise hours.

You Might Also Like

Rewards programs are turning into data-harvesting machines. Why companies now profit more from your habits than you do

U.S. Issues ‘Do Not Travel’ Warning for Venezuela Amid Escalating Security Concerns

Venezuela could be sitting on a big Bitcoin stash, experts say. Here’s what could happen next

Bubbling just above and below 6%

Venezuela bonds are the hottest trade on Wall Street this week, but risks remain

TAGGED: China, Chip, controls, export, U.S, weaponized

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Copy Link Print
Previous Article Brian Flores isn’t afraid and isn’t looking back — how about the rest of the NFL?
Next Article Defensive collapse by CU Buffs leads to another deflating loss at Cal – The Denver Post Defensive collapse by CU Buffs leads to another deflating loss at Cal – JS

Stay Connected

1.30M Followers Like
311 Followers Pin
766 Followers Follow

Latest News

Washington QB Demond Williams Jr. to enter portal despite signing new deal with Huskies
Sports January 7, 2026
Jon Stewart Shreds Trump's 'High-Minded Pretense' For Venezuela Attack
Jon Stewart Shreds Trump’s ‘High-Minded Pretense’ For Venezuela Attack
World News January 7, 2026
Rewards programs are turning into data-harvesting machines. Why companies now profit more from your habits than you do
Rewards programs are turning into data-harvesting machines. Why companies now profit more from your habits than you do
Finance January 7, 2026
Officine Générale Pre-Fall 2026 Menswear Collection
Fashion January 7, 2026
Acer Expands Networking Range at CES 2026 with 5G CPE, Wi-Fi 7 Mesh Routers and Mobile Hotspot
Gadgets January 7, 2026
//

This is your World, Finance, Fitness, Fashion  Sports  website. We provide the latest breaking news straight from the News industry.

Quick Link

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Sitemap

Top Categories

  • Fashion
  • Finance
  • Fitness
  • Gadgets
  • Travel

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!


24x7Report24x7Report
Follow US

Copyright © 2025 Adways VC India Private Limited

Welcome Back!

Sign in to your account

Lost your password?