China Slams U.S. for Chip Restrictions

         

Summary: China criticizes the United States for imposing chip restrictions, alleging violations of market principles and fair competition.

China’s foreign ministry has strongly criticized the United States for its latest chip restrictions, accusing the U.S. of violating the principles of the market economy and fair competition. China believes that these restrictions and forced de-coupling for political purposes hinder its economic development. While the U.S. has claimed that it does not intend to impede China’s economic progress, China urges the U.S. to align its actions with its words. This ongoing dispute between the two countries continues to strain their already fragile relationship.

Tags: China, United States, chip restrictions, market economy, fair competition

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