Tensions Rise in Trade Competition Between China and the US!

China has taken a significant step ahead of trade talks with the US in Spain.
The Chinese Ministry of Commerce has launched an investigation against the US's practices in the integrated circuit sector. This indicates how intense the trade competition between the two countries has become.
The ministry noted that the US has imposed a series of restrictions against China in the integrated circuit sector in recent years. These restrictions include Section 301 investigations and export control measures.
It was stated that these protectionist measures aim to limit China's development, especially in high-tech sectors.
No comments yet.