China files a trade dispute at the WTO against the US over its chip export controls, arguing the curbs threaten the stability of global industrial supply chains
China has launched a trade dispute at the World Trade Organization against the United States over its chip export control measures, China's commerce ministry said.
Reuters
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Discussion
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@globaltimesnews
@globaltimesnews
on x
China launched a suit against the US in the WTO over its chip export control measures on Mon, China's Ministry of Commerce said. It is a way of seeking to address Chinese concerns through legal means, and a necessary way to defend China's legitimate interests. https://twitter.com…
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@williamyang120
William Yang
on x
“As we have already communicated to the PRC, these targeted actions relate to national security, and the WTO is not the appropriate forum to discuss issues related to national security,” Hodge said in an emailed statement.
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@anderscorr
Anders Corr, Ph.D.
on x
China's membership in international organizations is predicated on its respect for human rights and progress towards democracy. It failed and should be let go.
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@pstasiatech
Paul Triolo
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China's move marks the first stage of the WTO's lengthy dispute resolution process. The US now has 60 days to enter into consultations. If that doesn't resolve the issue, Beijing can request the establishment of a WTO panel. https://www.bloomberg.com/...
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@china_digital
@china_digital
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China's WTO semiconductor complaint: a few thoughts. 1: This is the first time that China has materially responded to the increasing US sanctions against its tech industry. Previously, it instituted domestic legal options, like the Unreliable Entity List system and the... https:/…
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@jagowriter
Michael Vatikiotis
on x
Interesting to see China test the validity of the rules based order by challenging the US on its punitive bid to deny China access to micro-chip tech. https://www.shorturl.at/ayAJV
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@pstasiatech
Paul Triolo
on x
The head of the Department of Treaty and Law of the Ministry of Commerce answered a reporter's question on China's WTO lawsuit against the United States for abusing export control measures to restrict trade in chips and other products https://www.mofcom.gov.cn/... https://twitter…
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@julianku
@julianku
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I think this is actually a good thing for the US. China is going to have to make legal arguments in public and subject itself to WTO limits on its retaliation on the US. So much better than unstated sanctions and hostage diplomacy. https://twitter.com/...
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@philippilk
Philip Pilkington
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3/ The US are claiming that this isn't a trade issue but a national security issue. This is obviously ridiculous as by this standard any trade issue could be reframed as a national security issue. It looks from this response like the US haven't thought this policy through. https:…
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@dalperovitch
Dmitri Alperovitch
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China is mighty upset with the US chips export controls and wants to launch a WTO dispute accusing US of “protectionist practices” After decades of engaging in these practices themselves, it must have struck a nerve to have the shoe be on the other foot https://www.barrons.com/..…
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@anderscorr
Anders Corr, Ph.D.
on x
China's CCP should be kicked out of the international system, including the WTO. It is weaponizing the organization against the U.S. and democracy. https://www.wsj.com/...
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@tokyowoods
Yuka Hayashi
on x
U.S. says it has received a request for WTO consultations from China. “As we have already communicated to the PRC, these targeted actions relate to national security, and the WTO is not the appropriate forum to discuss issues related to national security,” a USTR spokesman says. …
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@henrysgao
Henry Gao
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Looks like we have come full circle in the 20 years since China's WTO accession, as the very first WTO case against China was also on semiconductors brought by the US. https://twitter.com/...
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@fuxianyi
@fuxianyi
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Western leaders believed that China's inclusion in WTO would lead to its democratization. However, Chinese politics has become increasingly retrogressive. This is not only because of censorship, but also because of the dramatic changes in demographics and the resulting economy. h…
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@sino_market
@sino_market
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A gauge tracking HK-listed semiconductor stocks rallies on Reuters' report, SMIC rises about 4%. https://twitter.com/...
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@therealjoshye
Josh Ye
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China is working on a more than 1 trillion yuan ($143 billion) support package for its semiconductor industry, three sources said, in a major step towards self sufficiency in chips and to counter U.S. moves aimed at slowing its technological advances. https://www.reuters.com/...
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@edark94
@edark94
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Semiconductor capex race between the West & China? Yes please!!! 😤 Incredibly bullish implications for #tin. IYKYK https://twitter.com/... https://twitter.com/...
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@therealjoshye
Josh Ye
on x
Beijing plans to roll out what will be one of its biggest fiscal incentive packages over five years, mainly as subsidies and tax credits to bolster semiconductor production and research activities at home, said the sources.