China Criticizes New US Export Controls
China this week criticized the U.S. decision to increase export controls on technology destined to the country (see 2210070049) and add more Chinese entities to the Unverified List (see 2210070006), calling the moves “a typical practice of technological bullying.” China’s Ministry of Commerce said “it not only violates the spirit of cooperation between the two sides and ignores the facts of cooperation between the two sides, but also seriously hinders the normal economic and trade exchanges between Chinese and American enterprises,” according to an unofficial translation of a statement.
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The ministry also applauded the U.S. decision to remove nine Chinese entities from the UVL. “It is possible to find a solution that is beneficial to both” sides, the ministry said.