• About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, January 24, 2026
  • Login
  • Register
thehopper.news
  • Home
    • Home
    • About
  • Video
    • Discussion
  • Geopolitics
  • Intel & Security
  • Foreign Affairs
  • News
    • All
    • Politics
    • World
    China will ‘eat up’ Canada – Trump

    China will ‘eat up’ Canada – Trump

    Pentagon scales down commitments to defend Europe

    Russia-US-Ukraine talks to continue on Saturday – media

    Starmer says Trump should apologize for ‘insulting’ UK troops

    Starmer says Trump should apologize for ‘insulting’ UK troops

    ‘Massive fleet’ heading to Iran – Trump

    ‘Massive fleet’ heading to Iran – Trump

    Russia reports major inflation drop in 2025

    Russia reports major inflation drop in 2025

    US considering Cuba oil blockade – Politico

    US considering Cuba oil blockade – Politico

    Greenland not for sale – MP

    US mulling complete troop withdrawal from Syria – WSJ

    US mulling complete troop withdrawal from Syria – WSJ

    The monetary system is broken and gold knows why

    The monetary system is broken and gold knows why

No Result
View All Result
thehopper.news
No Result
View All Result
Home News

China accuses US of ‘economic bullying’

by Admin
January 8, 2024
in News, Politics, World
0
China accuses US of ‘economic bullying’
27
SHARES
108
VIEWS
Share on FacebookShare on Twitter

Published: January 8, 2024 11:35 am
Author: RT

Washington’s chip export controls destroy global supply chains, according to the Chinese Foreign Ministry

The restrictions imposed by the US on the export of computer chips to China go beyond the concept of national security and destroy supply chains, Chinese Foreign Ministry spokesperson Mao Ning said on Monday.

Citing national security concerns, the Biden Administration introduced a sweeping set of export controls in 2022 which are aimed at slowing China’s technological advances. Among the measures was a ban on sales to China of certain semiconductor chips made anywhere in the world with US equipment, and a block on shipments of chips for supercomputing systems and artificial intelligence (AI).

Speaking at a regular press conference in Beijing, Mao said that the US has “unreasonably” suppressed China’s semiconductor enterprises, according to Global Times newspaper; she went on to describe the restrictions as “a genuine act of economic bullying.”

The US Department of Commerce also announced it would conduct a semiconductor supply chain review in January to “reduce national security risks” posed by Beijing.

“The US uses ‘national security’ as a pretext to restrict chip exports to China, but in fact its relevant initiatives completely go beyond the boundaries of the concept of national security, so that the normal trade of ordinary civilian-use chips is significantly restricted,” Mao said. Such actions have also seriously impacted the stability of international production and supply chains, she added.

According to the Global Times, the US-made Nvidia RTX4090 graphics card, which is mainly designed for use with computer games, has been taken off the shelves in China due to the US export control measures. Instead, the world’s leading AI chipmaker recently unveiled a slower, less powerful version of the card that complies with US export controls and can be sold in the Asian nation.

Read more

RT
Chinese tech giant rebounds from US sanctions

The Dutch firm ASML, a key player in the global semiconductor manufacturing supply chain, reportedly cancelled shipments of hi-tech microchip machinery to China last week after being pressured by the US government.

Beijing on Sunday announced its own sanctions on five American defense industry companies, citing arms sales to Taiwan and the unilateral sanctions which the US has slapped on Chinese companies and individuals.

For more stories on economy & finance visit RT’s business section

Full Article

Tags: Russia Today
Share11Tweet7
Previous Post

German farmers block roads nationwide (VIDEOS)

Next Post

‘No terrorist is immune,’ Netanyahu tells Hezbollah

Admin

Admin

Next Post
‘No terrorist is immune,’ Netanyahu tells Hezbollah

‘No terrorist is immune,’ Netanyahu tells Hezbollah

thehopper.news

Copyright © 2023 The Hopper New

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
    • Home
    • About
  • Video
    • Discussion
  • Geopolitics
  • Intel & Security
  • Foreign Affairs
  • News

Copyright © 2023 The Hopper New

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.