Caixin
Oct 31, 2018 07:54 PM
BUSINESS & TECH

China Blasts U.S. for Using National Security Card to Disrupt Free Trade

Jinhua has been placed on a list that will effectively ban it from buying components, software and other technology from the U.S. Photo: IC
Jinhua has been placed on a list that will effectively ban it from buying components, software and other technology from the U.S. Photo: IC

China’s commerce ministry said it opposes a U.S. ban on the sale of American components to local chipmaker Fujian Jinhua Integrated Circuit Co. Ltd., saying the move interferes with international trade under the guise of protecting national security.

The move marks the latest escalation between the world’s two largest economies, which are embroiled in a trade war centered partly on U.S. accusations that China steals American intellectual property. Those tensions have seen Washington take growing steps to block Chinese firms from obtaining U.S. technology, especially in the semiconductor space.

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