China Sues US For Sanctions on the Semiconductor Industry

Video Credit: Wibbitz Top Stories
Published on December 13, 2022 - Duration: 01:31s

China Sues US For Sanctions on the Semiconductor Industry

China Sues US , For Sanctions on , the Semiconductor Industry.

On December 12, China launched a World Trade Organization (WTO) case against the United States over export controls imposed by the Biden administration.

On December 12, China launched a World Trade Organization (WTO) case against the United States over export controls imposed by the Biden administration.

'Newsweek' reports that it was the first response to far-reaching sanctions put in place by the White House on national security grounds.

According to industry experts, U.S. intervention was aimed at retaining American primacy in emerging technologies.

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China's lawsuit in the WTO is a necessary way to address our concerns through legal means and to defend our legitimate rights and interests, China's Commerce ministry, via 'Newsweek'.

China reportedly accused the U.S. of vague national security definitions and abusing export measures.

According to China's trade ministry, the "protectionist trade practice" threatened the stability of global supply chains.

'Newsweek' reports that China is the world's number one producer of commercial electronic devices.

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The U.S. and allied companies control crucial checkpoints in semiconductor technology.

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According to the Biden administration, China's advanced chips are powering the country's military modernization and endangering U.S. national security.

According to the Biden administration, China's advanced chips are powering the country's military modernization and endangering U.S. national security.

As we have already communicated to the [People's Republic of China], these targeted actions relate to national security, and the WTO is not the appropriate forum to discuss issues related to national security, Adam Hodge, Spokesperson for the Office of the U.S. Trade Representative, via 'Newsweek'


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