Free Trial

China Raises Chips Dispute With WTO


MNI London: The Global Times has reported that China's Ministry of Commerce has lodged a complaint with the World Trade Organisation over US export controls on semiconductors.

  • Global Times: "China launched a suit against the US in the WTO over its chip export control measures on [Monday], China’s Ministry of Commerce said. It is a way of seeking to address Chinese concerns through legal means, and a necessary way to defend China’s legitimate interests."
  • Comes as a US State Department delegation is in China this week to follow up on President Biden’s meeting with Chinese President Xi Jinping at the G20 Leaders' Summit in Bali, Indonesia last month.
  • The delegation is headed by Assistant Secretary of State for East Asian and Pacific Affairs Daniel Kritenbrink and National Security Council Senior Director for China and Taiwan Laura Rosenberger.
  • According to a State Department readout, the delegation, will follow-up on President “Biden’s meeting with President Xi Jinping in Bali... to continue responsibly managing the competition between our two countries and to explore potential areas of cooperation. They will also prepare for Secretary [of State Antony] Blinken’s early 2023 visit to the PRC.”

To read the full story


MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.