WorldAI EnhancedSource: www.bloomberg.com
China Says US Export Bills Risk Disrupting Chip Supply Chains
China said it is closely monitoring US legislative plans after the House Foreign Affairs Committee advanced export-control bills targeting semiconductors, which Beijing warned could disrupt global supply chains if passed.
China
China said it is closely monitoring US legislative plans after the House Foreign Affairs Committee advanced export-control bills targeting semiconductors, which Beijing warned could disrupt global supply chains if passed. Beijing described the US lawmakers’ move as a broadening of national security to justify trade curbs, and said the misuse of export controls would undermine the international economic order and harm the global chip industry, according to a statement from the Ministry of Commerce on Saturday.