MOFCOM spokesperson expressed "firm opposition" against both.

According to a Chinese industry report, the Chinese government provided a total of 12.1 billion yuan (US$1.75 billion) to 190 domestically listed firms in the semiconductor supply chain, with over 40% going to ten companies. In the meantime, these companies are also spending a lot on R&

Multiple Chinese trade and industry associations expressed their opposition to new Japanese export control rules over the weekend, calling them "discriminatory" and a violation of WTO rules.

At the November 2022 meeting of the WTO's Council for Trade in Goods, for which the minutes were recently circulated, several issues related to trade with China were raised for the first time (including U.S. subsidies on clean energy and semiconductors), and various other previously raised issues were brought

At a WTO meeting that was held yesterday and today, several long-standing and new China-U.S. trade conflicts were on the agenda.

Chinese Minister of Foreign Affairs Qin Gang met with Japanese Foreign Minister Yoshimasa Hayashi last Sunday, with export controls on semiconductors one issue that was discussed. The meeting came a couple days after Japan announced plans to expand its export controls on semiconductor manufacturing equipment, which had already witnessed a

China's imports of integrated circuits (ICs), semiconductors and equipment have been falling since the beginning of 2022, providing evidence that the U.S.-China tech war is having an impact on trade, and some degree of decoupling is happening.