Wang Wentao, Head of China’s Ministry of Commerce, expressed China’s concerns over US export restrictions during a meeting with US Commerce Secretary Gina Raimondo. Web site Chinese department.
“China has expressed serious concerns about the trade and economic strategy of the American side. [в сфере поставок] semiconductors and export restrictions,” he said.
The Ministry of Commerce noted that the ministers agreed to establish channels to discuss cooperation between China and the United States in order to overcome the problems in trade between the countries.
However, in early May, The Wall Street Journal WroteUS sanctions against China are promoting the development of the Chinese electronics industry.
In April, China increases Gold reserves to prepare for US sanctions.
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