China Won't Stand By Idly In Case US Imposes Further Restrictions On China's Chip Industry - Says Xie Feng

According to CCTV news reports, on July 19 original time, Xie Feng, Chinese Minister to the United States, said at the Aspen Security Forum that China doesn't wince down from competition, but the way the United States defines competition isn't fair. Xie Feng mentioned that the United States is considering establishing a foreign investment review medium and further proscribing the import of artificial intelligence chips to China. He said that the Chinese government won't stand by and won't take the action to provoke, but it'll not back down because of provocations.

Chinese Ambassador to The United States: Xie Feng.

Xie Feng pointed out that China opposes trade wars and technology wars under the guise of competition. China is neither hysterical nor shy away from competition, but the so-called competition by the US is obviously illegal. First of all, the U.S. deprived China of the qualification to share in the competition. For illustration, the U.S. fully banned Huawei under the rationale of gratuitous security. Huawei proposed to subscribe a "no backdoor agreement" and still refused to let you go. How can you conpete without letting you play? Is there at least fairness in the swimsuits that are worn?

Xie Feng emphasized that if people do not attack me, I'll not attack others. However, I'll attack others, If people attack me. China doesn't want the world to lower the" Iron Curtain", nor does it want to pull down the" Silicon Curtain". Nobody wants to fall into the vicious circle of "tit for tat". So far, the United States has included more than 1,300 Chinese companies on colorful warrants lists, causing numerous Chinese people to lose their jobs and affecting the livelihood of numerous families. The Chinese people won't remain indifferent, and the Chinese government won't sit actively by.

According to Reuters before citing people familiar with the matter, the United States plans to issue an administrative order by the end of August to circumscribe investment by American companies in China’s advanced semiconductor, amount computing and artificial intelligence fields. An senior official said that the thing is to complete the review of the order before Labor Day in September.