China bans many US companies including Intel and Micron, Washington expresses concern

US Commerce Secretary Gina Raimondo discussed with Chinese Commerce Minister Wang Wentao concerns about sanctions on US businesses, including Intel and Micron, and the two countries also agreed to launch an ‘Export Control Enforcement Information Dialogue’.

The two officials also discussed China’s ban on exports of gallium and germanium, according to Gina Raimondo and brief comments from the Commerce Department, which lasted more than two hours, followed by lunch. went.

Gina Raimondo wants to address the concerns of all American businesses that are having trouble doing business in China, she said at a meeting with business executives. will do

Gina Raimondo told reporters that she had discussed with her Chinese counterpart concerns about China’s ban on purchases of Micron Technology memory chips.

During the talks, the two countries agreed to a new formal working group on trade issues as well as information exchange on export control enforcement, the US Commerce Department said.

Gina Raimondo said the launch of the exchange would provide a platform to reduce misunderstandings about US national security policies, clarifying that ‘we do not compromise or negotiate on matters of national security. Stay’.

The US Secretary of Commerce added that the first in-person meeting of the ‘Export Control Information Exchange’ will be held by US Assistant Secretary for Export Enforcement Matthew Axelrod today at the Ministry of Commerce in China.

A senior official said the ‘Export Control Information Exchange’ would meet at least on an annual basis, stressing that it was not a policy dialogue but an effort for both sides to find out the answer to the question of In terms of how export controls work, we’re not talking about what our policies will be.

He said that the US is committed to our transparent export control implementation strategy, the first meeting will be held tomorrow in Beijing, we are not wasting any time.

China has criticized U.S. efforts to block China’s access to advanced semiconductors through export controls, but Gina Raimondo said she was not available for discussion.

The White House this month began curbing some U.S. investment in sensitive technologies in China and plans to soon finalize export restrictions on advanced semiconductors it acquired in October.

Gina Raimondo said earlier this year that more than 200 Chinese companies have been placed on the US export control list and has repeatedly said she does not hesitate to use force as necessary.