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China outraged by US investment in semiconductors: “this is a typical discriminatory measure”

July 30, 2022
Source: aroged.com aroged.com
News Snapshot:
China commented on the passage by the United States of the Chip and Science Bill. China’s Ministry of Commerce issued a statement Friday saying the bill, approved by the US Congress, will distort the global semiconductor supply chain and disrupt international trade. “This is a typical discriminatory measure aimed at supporting the (industrial) industry, — quotes TASS published statement. — China will continue to monitor developments related to this legal document and will take effective measures, if necessary, to protect its own legitimate rights and interests.” As stated in the statement of the Chinese Office, some of the provisions of...
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Tags: China | Chinese | chip | chips | Congress | Economy | government | international | investment | IT | legal | manufacturing | Ministry of Commerce | monitor | Office | Science | semiconductor | supply chain | trade | U.S. | United States | WTO

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