In a recent appeal, China’s Ministry of Commerce has called on nations worldwide to resist what it describes as economic coercion by the United States in the semiconductor industry. The ministry’s spokesperson made these remarks on Friday, following reports that the U.S. government is contemplating stricter measures to pressure enterprises from countries such as Japan and the Netherlands to further limit their chip trade with China.
The spokesperson emphasized the importance of adhering to market principles and honoring international contracts, urging relevant countries to stand against U.S. pressure. “We hope nations will work together to safeguard the stability of global industrial and supply chains,” the spokesperson stated.
Highlighting the highly globalized nature of the semiconductor sector, developed over decades of international collaboration, the ministry stressed that this interconnectedness is the result of market forces and the choices made by enterprises around the world.
“For many years, the United States has overstretched the concept of national security, abusing export control measures,” the spokesperson said. “Such actions have deliberately fragmented the global semiconductor market and interfered with normal economic and trade exchanges between enterprises from other countries.”
China expressed firm opposition to these practices, noting that they deviate significantly from the principles of free trade and multilateral trade rules. The ministry warned that continued U.S. actions could further impact the stability of global industrial and supply chains.
The call from China’s Ministry of Commerce underscores the growing tensions in the global semiconductor industry, as nations navigate the challenges of technological advancement, national security concerns, and international trade relations. The ministry’s appeal highlights a desire for collaborative efforts to maintain a stable and open market for semiconductors, crucial components in a wide array of modern technologies.
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China urges countries to resist U.S. coercion in semiconductor sector
cgtn.com
