US Tightens Semiconductor Export Controls on China; China Decries Economic Coercion

BEIJING, Dec 3 (Alliance News): The United States has announced stricter export control measures on semiconductor technology to China, targeting equipment for semiconductor manufacturing, memory chips, and related items.

The new policy will add 136 Chinese firms to the list of restricted export entities and expand the US’s “long arm” jurisdiction, allowing for increased interference in China’s trade activities with other countries.

A spokesperson for China’s Ministry of Commerce condemned the move as economic coercion and non-market behavior.

The spokesperson pointed out the US’s inconsistent approach, accusing it of expanding the concept of national security and abusing export control measures.

“The US stance reflects unilateralism and bullying, which China strongly opposes,” the official stated.

The spokesperson added that the global semiconductor industry, which includes US firms, has suffered as a result of these measures.

The US’s actions have disrupted normal trade, damaged market regulations, and posed risks to international economic and trade stability. China will take necessary steps to protect its legitimate rights and interests in response.