US EditionChina probes US chip subsidies over 'harm' to Chinese mature node chipmakers
- China is investigating U.S. Exports of mature chips over concerns of unfair subsidies, according to China's Commerce Ministry.
- The U.S. Recently announced new export rules for advanced chips aimed at limiting technology access to rivals, as stated by President Joe Biden.
- Beijing claims that U.S. Companies have an unfair competitive advantage due to substantial subsidies provided by the Biden administration.
- China's Commerce Ministry emphasized that domestic firms have the right to request a trade remedy investigation due to these concerns.
24 Articles
24 Articles
ThePatriotLight - Chinese chip stocks soar as Beijing probes US subsidies and dumping practices By Investing.com
ThePatriotLight - Investing.com-- Chinese semiconductor stocks rallied on Friday following Beijing's announcement of an investigation into U.S. government subsidies and potential dumping of lower-end chips into the Chinese market. The Ministry of Commerce's probe aims to assess whether these U.S. practices are undermining China's domestic chip industry. Leading Chinese chipmakers experienced notable stock movements. Hong Kong-listed shares of Se…
China launches subsidy investigation over U.S. legacy chip support
China’s Ministry of Commerce will review petitions from domestic chip manufacturers for relief from subsidies the Biden administration has provided to the U.S. semiconductor industry, which the petitioners say give U.S. companies an unfair advantage over Chinese competitors, a MOFCOM spokesperson said on Thursday. “The domestic chip industry has reported that the Biden administration has provided a large amount of subsidies to the chip industry …
Low-end chip dumping probed
Staff reporter and agencies Embattled property developer China Vanke's (2202) chief executive Zhu Jiusheng has been taken away, a Chinese newspaper reports. Police took away Zhu on Wednesday, The Economic Observer quoted sources as saying. Zhu, who joined Vanke in 2012, is also the non-executive...
China to start probing US exports of ‘mature chips’ – INTELLI.NEWS
Beijing has accused US companies of having an “unfair competitive advantage.” Days ago, the US announced new rules for exporting computer chips aimed at stopping advanced tech from being sent to rivals. Source
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