China defied American investments in semiconductors: "This is a typical discriminatory measure"

China defied American investments in semiconductors: "This is a typical discriminatory measure"

China commented on the adoption by the United States of the Chip and Science Bill, and the Chinese Ministry of Commerce issued a statement on Friday, in which it noted that the bill, approved by the United States Congress, would distort the global supply chain of semiconductors and disrupt international trade.

- Quots TASS issued a statement.

As stated in the Chinese Department ' s statement, some provisions of the bill will lead to

The statement also calls for an open, transparent and non-discriminatory U.S. policy in accordance with World Trade Organization rules.

According to the Chip and Science Bill passed by the U.S. Congressional House of Representatives, the government will allocate $52 billion to subsidies for chip manufacturers.