Categories: World

China ready to take ‘strong measures’ over US CHIPS bill

The Chinese Ministry of Commerce (MOFCOM) said on Friday that it will take “strong measures to safeguard its legitimate rights” after the United States Congress passed the Chips and Science Act with the goal to help the country compete with China in the technology field.

Beijing warned the US chips legislation could disrupt global semiconductor supply chains, as well as international trade. The ministry also urged the US to ensure the act is in compliance with World Trade Organization (WTO) rules.

On Thursday, the US House of Representatives passed the Chips and Science Act, which seeks to provide US chip manufacturers with $52 billion. The bill now awaits US President Joe Biden’s signature.

R

Leave a Comment
Share
Published by
R
Tags: China

Recent Posts

Saudi defense minister arrives in Tehran

The Ministry of Defense of Saudi Arabia announced on Thursday on its official X account…

57 minutes ago

Kaïs Saïed: The Term “Hogra” Must Disappear Completely from Tunisia

"La Hogra" — A Tunisian Term Synonymous with Injustice, Contempt, and Indifference This word, deeply…

1 heure ago

El Mazzouna: Schools and public services continue to be suspended for the fourth consecutive day

The complete paralysis of schools, public administrations, and businesses continues for the fourth successive day…

1 heure ago

Chaâl Agricultural Complex Case: Release Refused for Abdelaziz Makhloufi and Three Other Officials

The chamber of indictment specialising in financial corruption cases at the Tunis Court of Appeal…

2 heures ago

Kais Saïed mobilizes his government to save struggling educational, cultural, and economic institutions

On the afternoon of Wednesday, April 16, 2025, President of the Republic Kaïs Saïed chaired…

2 heures ago

Bad weather in Siliana: one dead while attempting to cross a wadi

Civil protection units in the Siliana governorate retrieved, in the early hours of Thursday morning,…

2 heures ago

This website uses cookies.