China has announced it will take necessary measures to protect its “legitimate rights and interests” following the United States’ introduction of new export controls on advanced artificial intelligence (AI) technology.
On Monday, the Ministry of Commerce of the People’s Republic of China issued a statement responding to the U.S. government’s decision to limit the sale of advanced AI technology to all nations except close allies.
“The Biden administration has abused export control measures, seriously hindering normal economic and trade exchanges between countries, severely undermining market rules and international economic and trade order, gravely affecting global scientific and technological innovation, and seriously damaging the interests of companies around the world, including U.S. companies,” the ministry said in the statement.
The new U.S. regulations are seen as a move to curb China’s access to cutting-edge AI technologies, which could have far-reaching implications for global tech industries and international trade relations.
Experts warn that such measures could escalate tensions between the two largest economies and disrupt supply chains, affecting not only China but also global markets and technological advancement.
China has consistently advocated for open and fair trade practices, emphasizing the importance of collaboration in technological innovation for mutual benefit.
Analysts suggest that dialogue and cooperation are essential to address the concerns of both nations and to prevent further deterioration of economic relations.
As the situation unfolds, businesses and investors worldwide are closely monitoring the developments, anticipating potential impacts on the global economy and technological progress.
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China vows 'necessary measures' after U.S. AI export controls
cgtn.com
