China Frowns At US Over Chip Restriction

China strongly criticized the United States for its recent chip restrictions, as stated by China’s foreign ministry on Wednesday. The ministry expressed that these limitations, driven by political motives and aimed at disengagement, contradict the fundamental principles of a market economy and fair competition.

 

The U.S. has reiterated its intention not to hinder China’s economic progress, and China expects the U.S. to uphold this commitment, rather than making verbal assurances that contradict its actions.

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