China takes legal action against US over chip exports ...Middle East

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China takes legal action against US over chip exports
BEIJING: China has filed a lawsuit with the WTO against the United States over chip export control measures, a necessary way to defend China’s legitimate interests, reported Xinhua quoting the Ministry of Commerce.In recent years, the United States has been generalising the concept of national security and abusing export control measures, which hinders the regular international trade in chips and other products, and threatens the stability of the global industrial and supply chains, the ministry said in a statement Monday.The US moves are typical trade protectionism practices as they disrupt the international economic and trade order, violate international economic and trade rules and basic

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