Hey tech fam! 🤖 The Chinese mainland recently called out the U.S. for its new export rules, expanding its "entity list" to hit subsidiaries at least 50% owned by listed companies. That basically means any cutting-edge chip maker or AI startup under Chinese ownership could face a sudden ban on critical tech exports.
Why it matters? Imagine the smartphone you scroll on, the green energy tech powering your home, or the smart gear in your favorite Southeast Asian café — many rely on global supply chains and cross-border trade. When export controls are stretched too far, it can drive up costs, slow down new gadgets, and even disrupt thousands of jobs from Bengaluru to Bangkok.
The Chinese mainland says the move is an abuse of national security claims and will "seriously disrupt" the international trade order. In short, it could slow down everything from semiconductors to EV batteries. Global trade experts warn that overreach in export controls risks fragmenting markets and hurting consumers everywhere.
So, what’s next? The Chinese mainland has vowed to take necessary steps to safeguard its firms’ rights. Meanwhile, we’ll be watching whether the U.S. adjusts its rule or if other economies step in to fill any supply gaps. Stay tuned for more updates, and drop your thoughts below! 🌐💬
Reference(s):
China urges U.S. to cease unreasonable suppression of Chinese firms
cgtn.com
