2023-07-20 04:28:00
As lobbyists for chip makers seek to prevent the US government from applying new sanctions against China, Beijing has also resolved to send a clear warning to the Biden government.
China’s ambassador Xie Feng said the country does not want a trade or technology war with the US, but that from now on go answer all restrictions imposed by Washington.
The Chinese government cannot simply sit idly by. There’s a Chinese saying that we won’t… make provocations, but we won’t run away from provocations.
According to people working at the White House, the Biden government is finalizing a text that should further expand the restriction on the export of state-of-the-art machinery and chips to China.
The text should mainly affect Artificial Intelligence chips from NVIDIA and AMD. For the Chinese ambassador, the US is appealing to avoid fair competition.
China will definitely… give our answer. But it is definitely not our intention. We don’t want… a trade war, technology war, we want to say goodbye to the Iron Curtain as well as the Silicon Curtain.
It is worth remembering that the last retaliation by Beijing was to limit the export of rare earths that are used to manufacture chips. But before that, China also sanctioned Micron by banning state purchases of the company’s chips.
The White House is not immediately commenting on the matter, but sources say the new sanctions are expected to be published soon.
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