LOC10:10
07:10 GMT
BEIJING, May 20 (KUNA) -- China's Ministry of Commerce accused, Tuesday, the United States of misusing export restrictions on Chinese semiconductor products, as this action deeply damages Chinese firms and global supply chains.
"The US is abusing export controls by tightening restrictions on Chinese chips based on groundless accusations," the ministry said, calling this action a threat to the stability of global semiconductor industry, as well as hinder technological innovation.
The remarks came in response to an announcement by the US Commerce Department's Bureau of Industry and Security (BIS) that said the use of Huawei's Ascend AI chips anywhere in the world violates US export regulations.
The ministry said that this move is blatant violation of the legitimate rights and interests of Chinese firms, urging US to reverse its action and cooperate with China.
The ministry warned that if the US continues to "harm China's interests, China will take resolute measures to safeguard its legitimate rights and interests." (end)
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