At today's press conference, the spokesperson of China's Ministry of Commerce (MOFCOM) provided some comments on several recent development related to foreign export controls, as well as trade relations with the United States, Australia, and Russia.

Today, the foreign minsters of China and Japan held a phone call, during which both sides stressed their concerns about trade restrictions, while highlighting areas for cooperation.

Multiple media sources have reported that the Biden Administration has stopped issuing licenses for all exports of U.S. products to China's tech giant Huawei, extending an existing ban on sales to Huawei. This will be another blow to Huawei's business, and could further increase the

Last week, the U.S. government sanctioned a Chinese company for providing assistance to the Russian military in the Ukraine war. The company later issued a statement denying any involvement.

The U.S. government added Yangtze Memory Technologies Co., Ltd. (YMTC) and more than 30 other companies to the Entity List, making it nearly impossible for these companies to have access to U.S. technology and products governed under the export control regime.

The Biden administration plans to add more Chinese companies, including a major chip maker, to its trade blacklist. In response, a Chinese official called the U.S. moves "blatant economic coercion and bullying."

MOFCOM announced today that China would file a WTO complaint challenging U.S. export control measures related to semiconductors.