Taiwan, Taiwan (AP) – China launched two probes targeting the US semiconductor sector on Saturday Discussions between the two countries of Spain This week, it is on trade, national security and ownership of social media platform Tiktok.
China’s Ministry of Commerce has announced an anti-damping investigation into certain similar IC chips imported from the United States. Research has included several product interface IC chips and gate driver IC chips.
The ministry has individually released a non-discrimination investigation into US measures against China’s chip sector.
US Treasury Secretary Scott Bescent is scheduled to meet the Chinese deputy prime minister in Madrid between Sunday and Wednesday, he said.
A spokesman for China’s Commerce Department said US measures such as export curbs and tariffs “construct the containment and suppression of China’s development of high-tech industries such as advanced computer chips and artificial intelligence.”
The probe announcement follows the US on Friday, adding 23 Chinese companies to the “entity list” of companies facing restrictions that are allegedly acting on the interests of US national security and foreign policy. The list includes two Chinese companies accused of acquiring chipmaking equipment from China’s leading chipmaker Smic.
The meeting between Bescent and him in Madrid is the latest in a series of negotiations aimed at reducing trade tensions and postponing the enactment of higher tariffs on each other’s goods.
US and Chinese counterparts previously had discussions in Geneva in May, London in June, and Stockholm in July. The two governments agreed to several 90-day suspension A series of mutual tariffs will increase, avoiding a full trade war.
Bescent explained his speech in the final round in Stockholm as follows: “It’s very fulfilling.”
“We need to eliminate risks in certain strategic industries, whether it’s rare earths, semiconductors, or medicines, and we talked about what we can do together to balance within our relationship,” Bessent said at the time.
US President Donald Trump and former President Joe Biden set curbs in China Advanced semiconductor access Includes restrictions on the sale of chip-making equipment to the country. Washington cites national security concerns, but China argues that curbs are part of the US strategy to curb its growth.
