China is restricted by the chip ban, criticizing the United States as a "destroyer" of the global trading system.

(picture taken from the Internet)

[Financial Channel/Comprehensive Report] The U.S.-China struggle continues. The World Trade Organization (WTO) confirmed that China has filed a complaint against the U.S. chip ban, accusing the U.S. of being a "destroyer" of the global trading system and expressing its dissatisfaction with the U.S. restrictions.

In addition to clamping down on China's development of the semiconductor industry with a chip ban, the United States on Thursday (15th) added 36 Chinese companies, including Chinese memory chip maker YMTC, to its trade blacklist.

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China expressed dissatisfaction with this, saying that the United States puts domestic interests above international regulations and the laws of other countries, ignores the concerns of WTO and other members, and insists on pursuing the "America First" policy.

In order to improve the self-sufficiency rate of semiconductors, China recently launched a semiconductor industry support plan of more than 1 trillion yuan (about NT$4.4 trillion), so as to encourage domestic semiconductor production and research and development, and counteract the export control measures of the United States. 1 season implementation.

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