Politics · China · 9 hrs ago

China warns U.S. against further chip export controls

China warns U.S. against further chip export controls

China warned the United States against more chip export controls on Friday, as U.S. lawmakers called for tighter limits on exports to China.

The dispute involves semiconductors and equipment used to make or run advanced chips, which are important to artificial intelligence.

China says export restrictions disrupt global supply chains and called for stable economic and trade ties with the United States.

The warning comes amid a scandal involving Nvidia, whose former CEO Jensen Huang resigned on Thursday after admitting to an affair.

U.S. officials have disputed whether the Commerce Department should have added Singapore-based data center company Megaspeed to a government list restricting access to U.S. technology.

Treasury Secretary Scott Bessent said several agencies supported adding Megaspeed, while the Commerce Department had authority to make the decision.

Commerce Secretary Howard Lutnick has agreed to testify on December 10 before the Senate Banking Committee, as calls grow in Congress for tighter chip export controls.

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What people are saying

Mao NingChinese foreign ministry spokesperson
has consistently opposed the abuse of export control measures, which disrupts the stability of global industrial and supply chains and serves no party's interests
via CBS News
Scott BessentU.S. Treasury secretary
They were in favor of putting Megaspeed on the Entity List for months
via CBS News
Commerce BIS has the pen, and you will have to ask them about their internal processes.
via CBS News
BeijingChinese government
pretext for imposing a technological blockade
via CBS News