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China Opposes Revised U.S. Chip Export Restriction

CHINA PRESS
MNI (Singapore)

China has expressed strong opposition to the U.S.’ latest revision of semiconductor export controls which came less than six months since it introduced the rule, according to a statement on the Ministry of Commerce website late Sunday. Washington has set more obstacles to China-U.S. trade by increasing the compliance burden, the ministry said, emphasizing the industry is highly globalised and calling for a predictable business climate. China, as the world’s largest semiconductor market, will strengthen cooperation to promote supply chain stability, it said.

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