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China Daily / 2024-11 / 29 / Page013

China firmly opposes abuse of trade control

By Zhu Wenqian | China Daily | Updated: 2024-11-29 00:00
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China firmly opposes the abuse of export control measures and discriminatory restrictions imposed on Chinese enterprises by the United States, and the US should work together with China to promote stable and sustainable development of Sino-US economic and trade relations, the Ministry of Commerce said on Thursday.

The ministry made the statement following news that the US government may introduce a new series of sanctions affecting at least 200 Chinese chipmakers. The US government may prohibit most US suppliers from shipping products to those Chinese chipmakers, according to a recent email sent by the US Chamber of Commerce to its members.

This practice seriously undermines the international economic and trade order, disrupts the security and stability of the global supply chain, damages the interests of Chinese and US enterprises, and even the development of the global semiconductor industry, the commerce ministry said.

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