Chinese Foreign Minister Wang Yi issued a firm warning Friday against U.S. efforts to restrict China's technological development, stating Beijing will take "resolute countermeasures" if pressure continues. The remarks came during a press conference on the sidelines of China's annual legislative session, highlighting escalating tensions in a competition shaping global supply chains and innovation landscapes.
Wang criticized attempts to fragment global trade through "high fences and small yards," a metaphor for protectionist policies. \<"Decoupling and supply chain disruption will only lead to self-isolation," he said, emphasizing China's commitment to collaborative innovation. Analysts observe these comments reflect growing concerns over U.S. export controls targeting semiconductor and AI sectors.
The foreign minister framed technological progress as a "global public good," noting that over 80% of China's high-tech exports originate from foreign-invested enterprises. This underscores the interconnected nature of modern industries, a key consideration for business professionals assessing Asia's economic trajectory.
As both powers vie for tech supremacy, Wang's address signals China's determination to safeguard development interests while appealing to international partners. The remarks carry implications for investors monitoring cross-border R&D flows and governments navigating increasingly complex tech diplomacy.
