China opposes US tightening of semiconductor chip exports

According to Xinhua, on October 10, a spokesman for China’s Ministry of Commerce said that the Chinese government firmly opposes the new US regulation on controlling the export of chips and semiconductors to China.

According to the spokesman, nine Chinese entities have been removed from the unverified list, demonstrating that the two countries can find solutions that will benefit the businesses of both sides. However, the official noted that the US has added 31 Chinese entities to the list and continues to strengthen export controls in the semiconductor industry and other areas.

The Commerce Department spokesman stressed that the new US moves violate the spirit of cooperation between the two sides, harming the interests of Chinese enterprises as well as the commercial interests of US exporters. The official called on all parties to strengthen cooperation and jointly build a secure, stable and efficient global industrial and supply chain system.

On October 7, the United States added 31 Chinese companies, including chip maker YMTC Yangtze Memory Technologies Co, to a list of companies that US officials cannot audit to verify whether the companies This company can be trusted to responsibly manage sensitive export technologies. These companies may be placed on the US Department of Commerce’s economic sanctions blacklist.

The US Department of Commerce also announced new regulations on export control of chips and semiconductors to limit China’s ability to buy and produce high-end chips. The new rules include restricting the export of some chips used in the supercomputer sector and tightening regulations on the sale of semiconductors. Some experts say the new US regulation could also affect the commercial data centers of Chinese tech giants.