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China is suing the United States' actions over chip exports

2022-12-15T06:24:00.624Z


BEIJING, SANA-China has filed a lawsuit with the World Trade Organization (WTO) against the United States' measures to restrict...


beijing-sana

China has filed a lawsuit with the World Trade Organization against the United States' measures to restrict chip exports, arguing that these measures are a necessary way to defend China's legitimate interests.

The Chinese Xinhua news agency quoted the Chinese Ministry of Commerce as saying in a statement yesterday: The United States of America has been generalizing the concept of national security for several years and misusing export control measures, which impedes the normal international trade of chips and other products and threatens the stability of industry and supply chains, pointing out that The US steps are typical of protectionist trade practices.

The ministry added that these steps disrupt the international economic and trade system, violate international economic and trade rules and basic economic laws, and harm the global interests of peaceful development, calling on the US side to abandon the zero-sum game mentality, correct its mistakes quickly, stop obstructing the trade of high-tech products such as chips, and continue economic and trade exchanges. regular between China and the United States.

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Source: sena

All news articles on 2022-12-15

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