Beijing denounces US chip curbs as threat to global supply chains

Beijing denounces US chip curbs as threat to global supply chains Move to incorporate three China-focused export control measures into the NDAA marks a new escalation in the US technology rivalry Liu Chang, spokesperson for the Chinese embassy in Washington, said in a statement that, while the NDAA is a US domestic bill, Beijing nonetheless “firmly reject[s] inserting negative content about China into the draft legislation”. “The global industrial and supply chains come into shape as a result of both the law of the market and the choices of businesses,” he said. “Arbitrary disruption and damage to the global industrial and supply chains serves no one’s interest and to do so will receive no support.” “The US should stop politicising, weaponising and ideologising economic, trade and sci-tech issues, stop blocking and hobbling Chinese companies, respect the law of the market economy and free trade rules, and defend the security and stability of global industrial and supply chains.”