China has vowed to take action against Taiwan for trade restrictions enacted against Huawei and its largest chipmaker.
Taiwan Affairs Office representative Zhu Fenglian said China would take “effective measures” to maintain the normal order of cross-strait economic and trade exchanges, and safeguard the interests of companies on both sides.
Zhu argued any actions by Taiwan authorities to undermine cross-strait economic cooperation would only damage the competitiveness of Taiwanese enterprises, adding the latest restrictions could not stop the “pace of scientific and technological innovation in the mainland”.
Taiwan’s International Trade Administration put Huawei, Semiconductor Manufacturing International Corp and several of their subsidiaries on its strategic high-tech commodities entity list earlier this month, blocking access to domestic factory construction technologies, along with materials and equipment used to build advanced chips.
The US and other allies are also taking stronger measures to block Chinese companies’ access to advanced chipmaking equipment and AI chips.
Source: Mobile World live
Image Credit: Stock Image
