China Condemns U.S. Revocation of Huawei Export Licenses as 'Economic Coercion'

China Condemns U.S. Revocation of Huawei Export Licenses as ‘Economic Coercion’

China’s Ministry of Commerce has firmly opposed the latest U.S. decision to revoke export licenses to technology giant Huawei, labeling the move as “economic coercion.”

In a statement released on Wednesday, the ministry criticized the U.S. actions, stating they not only “violate WTO rules” but also “seriously damage the interests of U.S. companies.” The ministry added that China would take all necessary measures to safeguard the legitimate rights and interests of Chinese enterprises.

The U.S. Commerce Department confirmed the revocation of certain export licenses to Huawei but declined to specify which companies were affected. However, a Reuters report, citing unnamed sources, indicated that licenses for chipmakers Intel and Qualcomm to supply Huawei had been withdrawn.

The revocation could impact Huawei’s operations, as the company relies on Intel chips for its laptops and Qualcomm technology for various products. The move may also affect U.S. suppliers that engage in business with Huawei.

“We have revoked certain licenses for exports to Huawei,” the U.S. Commerce Department stated, without providing further details.

Huawei, when approached for comments, told CGTN that it had “no comment” on the situation.

Huawei was added to a U.S. trade restriction list in 2019 over national security concerns, requiring suppliers to obtain special licenses to conduct business with the company. Despite these challenges, Huawei surprised the industry in August by releasing the Mate 60 smartphone, equipped with an advanced chip, defying U.S. export restrictions. Earlier in April, the company launched the Pura 70 phone series featuring the upgraded Kirin 9010 chip.

The ongoing trade restrictions highlight the escalating technological tensions between the U.S. and China, with both nations advocating for their domestic industries while expressing concerns over security and fair trade practices.

(With input from Reuters.)

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top