China hits back at Micron ban, adds US restricting 1,200 Chinese firms constitutes economic coercion

Reuters: Two questions on chips. The US government has said that China’s ban on Micron is not based in fact. What’s China’s response? And secondly, US House Representative Mike Gallagher told Reuters that the US should sanction a Chinese chip-maker in response to the Micron ban. What’s China’s response? Mao Ning: The cybersecurity review by relevant Chinese authorities on Micron’s products sold in China is carried out in accordance with the law and the latest decision is based in facts. China’s cybersecurity review does not target any particular countries or regions, nor does China seek to exclude technologies or products from any specific country.  The US used national security as a pretext to put more than 1,200 Chinese companies and individuals on various lists and subjected them to all kinds of restrictions despite the lack of hard evidence of wrongdoing. This is what constitutes economic coercion. This is unacceptable. As to your second question, China strongly opposes the US’s unjustified suppression of Chinese companies by over-stretching the concept of national security and abusing state power. The discriminatory and unfair practice seriously hurts normal trade and economic exchanges and cooperation between China and the US, violates market rules and the international trade order and severely disrupts global industrial and supply chain stability. The Chinese side will continue to do what is necessary to firmly safeguard the lawful rights and interests of Chinese companies and institutions. __________________ ShanghaiEye focuses on producing top-quality contents. Nobody knows SHANGHAI better than us. Please subscribe to us ☻☻☻ __________________ For more stories, please click ■ What’s up today in Shanghai, the most updated news of the city ■ Amazing Shanghai, exploring the unknown corners of the city, learning the people, food and stories behind them ■ What Chinese people’s lives are like during the post COVID-19 period ■ Views of foreign scholars on China and its affairs ■ Foreign faces in Shanghai, people living in this city sharing their true feelings ■ Mini-docs showing why China is the country it is today __________________ ☎Leave us messages if you have any suggestions or questions! Thank you!