Is the U.S. considering formulating new regulations to restrict the flow of U.S. investment and technology to Chinese companies in fields such as advanced semiconductors, artificial intelligence, and quantum computing? Ministry of Foreign Affairs response

On June 1, 2023, Foreign Ministry Spokesperson Mao Ning hosted a regular press conference

Reporter: U.S. Treasury Department officials said the United States is considering formulating new regulations to restrict the flow of U.S. investment and technology to Chinese companies in fields such as advanced semiconductors, artificial intelligence, and quantum computing. What is the Ministry of Foreign Affairs' response to this?

Mao Ning: We have noticed relevant reports and are paying close attention to relevant trends. China firmly opposes the United States' efforts to politicize and weaponize economic and trade science and technology issues, set up obstacles to normal technical cooperation and economic and trade exchanges between the industry and the private sector, and disrupt the stability of the global production and supply chain. This kind of behavior harms others and is not in the interests of any party.

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