China's ambassador to the United States says it does not want a trade war but will retaliate against any further U.S. restrictions on technology and trade

China’s ambassador to the United States says it does not want a trade war but will retaliate against any further U.S. restrictions on technology and trade

  • MicroWave@lemmy.worldOP
    2·
    1 year ago

    Ambassador Xie Feng criticized U.S. curbs on the sale of microchips and chipmaking equipment to China that were imposed last year by the Biden administration. Beijing has described the measure as part of an effort to “contain” China.

    “China does not shy away from competition, but the definition of competition by the U.S. side I think is not fair,” Xie said Wednesday at the Aspen Security Forum, a security and foreign policy conference in Aspen, Colorado. “The United States is trying to win by keeping China out,” he said, referring to measures to curb U.S. technology sales to Chinese telecommunications giant Huawei over security concerns.

    …

    China earlier this month imposed export curbs on two key metals used in computer chips and solar cells, a measure widely seen as retaliation for the U.S. restrictions on microchips. Earlier this year, Beijing restricted sales of products from Micron Inc., the biggest U.S. producer of memory chips.

    • girlfreddy@lemmy.world
      61·
      1 year ago

      “China does not shy away from competition,

      Bullshit. They want all the money and power, and are simply pissed that their monopoly has been fractured. If Xi hadn’t decided that world domination was a goal for China the nation wouldn’t be in the dire straights it is now.