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China says it will resolutely object if U.S. curbs investment in semiconductor industry

Published 05/11/2023, 03:20 AM
Updated 05/11/2023, 03:26 AM
© Reuters. FILE PHOTO: Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration

BEIJING (Reuters) - China will resolutely object if the U.S. restricts its firms from investing in Chinese semiconductor industry, said Shu Jueting, a spokesperson at China's commerce ministry on Thursday.

Shu said at a news briefing that such U.S. behaviors will affect companies' normal operation and damage the international economic and trade order.

Latest comments

lol cry me a river
Both countries have significant expertise and resources in the semiconductor industry. By leveraging their respective strengths and establishing clear guidelines for intellectual property protection, they can foster an environment that allows for healthy competition while ensuring the advancement of semiconductor technology for the benefit of all. By HILPOLITH ROTHSCHILD
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