China's Ministry of Commerce criticizes US Section 301 investigation

2024-12-25 04:51
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On the 23rd, the spokesperson of the Ministry of Commerce of China severely criticized the latest Section 301 investigation of the United States. They pointed out that this action of the United States was out of suppression of China and domestic political needs, which would disrupt and distort the global chip industry chain supply chain and harm the interests of American companies and consumers. The spokesperson also emphasized that the United States provided huge subsidies to its chip industry through the Chips and Science Act, but accused China of so-called "non-market practices", which was obviously contradictory.