(Bloomberg) — China criticized the US for seeing it as a menace after Commerce Secretary Gina Raimondo defended efforts to deprive the Asian nation of cutting-edge semiconductors, underscoring the fragility of lately stabilized ties.
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“The US ought to follow the appropriate notion and work with China to ship on the widespread understandings reached within the San Francisco assembly,” Chinese language Overseas Ministry spokesman Wang Wenbin mentioned at an everyday press briefing in Beijing on Monday, referring to a sitdown final month between the leaders of the 2 nations.
The US ought to “cease seeing China as a hypothetical enemy and saying one factor however doing one other,” he mentioned.
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Raimondo mentioned Saturday at a discussion board in California that she wanted extra funding to forestall the Asian nation from catching up on chips that can be utilized for navy functions. She mentioned this was “the most important menace we’ve ever had,” including that “China shouldn’t be our pal.”
President Joe Biden and Chinese language chief Xi Jinping met for the primary time in a yr final month within the US, scoring a handful of small victories they hope will cease a surge in tensions that threatened world financial development.
However the two left their assembly with main points reminiscent of Taiwan’s standing and the US tech restrictions in place. Underscoring their variations, China criticized the US on Monday after an American warship sailed in disputed waters within the South China Sea.
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Raimondo signaled that US had no intention of backing down on high-end chips on China, saying: “We’re going to disclaim them our most cutting-edge know-how.”
Wang, the international ministry spokesman, mentioned that stance uncovered the “Chilly Warfare mentality” of the US and its need for hegemony. He additionally indicated that his nation would get across the tech curbs ultimately.
“The violation of the principles and laws of the free-trade market is rather like constructing a dam with a sieve,” he mentioned. “Regardless of how arduous you attempt, the water will simply circulation via it.”
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