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US House Passes MATCH Act; China: Will Take Necessary Measures to Safeguard Rights of Chinese Firms
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A spokesperson for the Ministry of Commerce of China responded to the US House Committee on Foreign Affairs' passage of the MATCH Act and other related bills, stating that China has taken note of the situation. China has consistently opposed the overextension of national security concepts and the abuse of export controls. It will closely monitor the relevant legislative process, carefully assess the impact on Chinas interests, and resolutely take necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises. If the relevant bills are ultimately enacted, they will severely undermine the international economic and trade order and seriously disrupt the stability of the global semiconductor industry chain and supply chain. The US House Committee on Foreign Affairs recently passed multiple export control bills, including the "Multilateral Action on Critical Hardware Technology (MATCH) Act." (ta/w) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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