The envoy said China did not shy away from competition, but the way it was defined by the US was not fair. Read more at straitstimes.com.
WASHINGTON - China does not want a trade or tech war, but will definitely respond if the United States imposes moreAmbassador Xie Feng told the Aspen Security Forum China did not shy away from competition, but the way it was defined by the United States was not fair.“This is like... restricting the other side to wear outdated swimwear in a swimming contest, while you yourself wearing a Speedo,” he said.
“The Chinese government cannot simply sit idly by. There’s a Chinese saying that we will not... make provocations, but we will not flinch from provocations,” he said. The Biden administration has been finalising an executive order that would restrict certain investment in sectors including advanced semiconductors, quantum computing and artificial intelligence, and a senior administration official said the aim was to wrap up reviews of it by Labour Day.
The Cybersecurity Administration of China said in May that Micron failed its security review and barred operators of key domestic infrastructure from purchasing its products.
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