Current location:Stellar Signals news portal > opinions
China reprimands U.S. for economic bullying over semiconductor restrictions
Stellar Signals news portal2024-05-21 12:07:26【opinions】9People have gathered around
IntroductionThe Chinese embassy in the Philippines criticized the U.S. for voicing further restrictions on chip
The Chinese embassy in the Philippines criticized the U.S. for voicing further restrictions on chip exports to China on Thursday, saying the act violates market norms and disrupts global supply chains.
The implementation of semiconductor export restrictions by U.S. not only contravenes the most-favored-nation treatment principle outlined in Article 1 of the General Agreement on Tariffs and Trade, and the provisions of the WTO Agreement on Technical Barriers to Trade, but also goes against market laws, disrupts normal trade order, impacts the international production and supply chain stability, and constitutes blatant economic bullying, a spokesperson of the Chinese embassy in the Philippines said on Thursday.
The U.S. justifies restricting chip exports to China on the grounds of "national security," but those measures overstretch the scope of national security, obstruct trade of civilian-use chips, the spokesperson said.
The criticism comes in the wake of a visit by a U.S. delegation to the Philippines, led by the U.S. Commerce Secretary Gina Raimondo, during which, “security issues were prominently discussed over pragmatic cooperation between the Philippines and the U.S.,” the spokesperson said, accusing the U.S. of coaxing and misleading allies into opposing China's technological progress, questioning the sincerity of the U.S. in addressing the Philippines' development challenges.
China urges the U.S. to cease politicizing and weaponising economic, trade, and technological issues, and discourages its allies from decoupling and disrupting supply chains with China. China has vowed to take necessary measures to protect its legitimate rights and interests, said the spokesperson.
During her visit, Raimondo announced more than $1 billion in investments by American companies in the Philippines, while saying that the U.S. "will do whatever it takes" to limit China's technological capabilities, Bloomberg reported on Monday.
Address of this article:http://caymanislands.graduatethesis.org/article-47a699915.html
Very good!(658)
Related articles
- Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
- Russia adds 18,819 new COVID
- UN General Assembly resolution demands end of U.S. embargo on Cuba
- Xi Holds Talks with Algerian President
- Student fatally shot, suspect detained at Georgia's Kennesaw State University
- Traditional Chinese
- Scholz to pay three
- Xinhua Headlines: Xi Stresses Building Beautiful China, Advancing Modernization Featuring Human
- The Latest
- Book on Xi's Discourses on Management of Water Resources Published
Popular articles
Recommended
Russian theater director and playwright go on trial over a play authorities say justifies terrorism
HK vibrant with celebratory atmosphere ahead of 25th anniversary of return to motherland
Xi Focus: Xi Calls for Striving to Realize Economic Goals in 2023
China takes countermeasures against U.S. companies selling arms to Taiwan
Investigators return to Long Island home of Gilgo Beach serial killing suspect
China lodges protests against Japan actions
Blueberries enter harvest season in China's Guizhou
Economic Watch: Improving logistics indexes reflect China's economic recovery
Links
- Walking Through Wind, Rain
- Kaifeng: Ancient Capital of Eight Dynasties
- Contributing to Sino
- Diversity Is Beauty and Strength
- Weifang: A City of Crafts and Folk Arts
- Campaign Advocates Green, Low
- Inkstone One of 'Four Treasures of the Study'
- 'Guardian Angels' of Wetlands
- Yangqin: King of Strings and Tunes
- 'Rose Sister' Leads Villagers to Prosperity