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China 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.
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France24 broke the news in France on Thursday, January 16, 2025.
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