👋 Hey fam, trade tensions are heating up! On Friday, a spokesperson from the Chinese Ministry of Commerce slammed the US Department of Commerce’s latest move to add multiple Chinese entities to its export control list over "national security" concerns.
👉 What happened? The US said certain Chinese companies pose security risks and added them to a restricted list for high-tech exports—basically, they need a special "license" to get certain US technologies.
🔥 Why it matters: China argues that the US is stretching "national security" way too far and abusing export controls plus long-arm jurisdiction. These sweeping sanctions, they warn, disrupt global industrial and supply chains, hitting businesses from Mumbai to Jakarta.
✌️ China’s stance: The spokesperson firmly opposed the US action, urged the US to correct its practices ASAP, and vowed to take measures to protect the rights and interests of its entities.
🤔 Bottom line: Trade wars aren’t just boardroom drama—they ripple through our daily lives, from electronics made in Shenzhen to your online shopping cart. Stay tuned as both sides navigate this latest chapter in US–China economic rivalry.
Reference(s):
China opposes U.S. move to add Chinese entities to export control list
cgtn.com
