Beijing vows to protect itself from US economic ‘bullying’ ...News

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Beijing vows to protect itself from US economic ‘bullying’
Washington has restricted the export of a broad range of chipmaking tools and software to China China’s Ministry of Commerce has vowed to take “necessary measures” to safeguard its interests after the US imposed sweeping export controls aimed at crippling the Chinese semiconductor industry. The US Department of Commerce announced on Monday that it would ban the export of 24 types of chip manufacturing equipment, three software programs, and high bandwidth memory to China. Additionally, 140 Chinese entities – including toolmakers, chip fabricators, and investment firms – were added to the department’s blacklist ove

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