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CCP Accuses US Of "Building Trade Barricades" By Not Allowing Intel To Produce Semi Components In China

November 16, 2021
Source: zerohedge.com zerohedge.com
News Snapshot:
It was just hours ago we wrote how the White House had rejected a plan from Intel to produce more semiconductor components in China. Now, China is weighing in on the issue. Chinese Foreign Ministry spokesman Zhao Lijian said at a press briefing on Monday in Beijing that the U.S. is "stretching the concept of national security" by preventing Intel's plans. Lijian said that the U.S. is using national security as a means to "build up trade barricades", Bloomberg reported Monday morning. Lijian also accused the Biden administration of forcing Samsung and Taiwan Semiconductor to hand over "sensitive information" related...
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Tags: Beijing | Biden | California | Chengdu | China | Chinese | communism | communist | Economy | Europe | expansion | export | Exports | factory | investment | manufacturing | national security | Samsung | semiconductor | Silicon Valley | supply chain | Taiwan | technology | venture capital | Washington

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