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VisitWill the Biden administration announce additional export controls targeting China by February 29, 2025?
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Official announcements from the U.S. Department of Commerce or White House press releases
China Condemns U.S. Sanctions on 29 Companies, Warns of Retaliation Over Chip Controls
Nov 28, 2024, 08:55 AM
China has issued a strong condemnation of the United States' recent decision to blacklist 29 Chinese companies under the Uyghur Forced Labor Prevention Act, describing the move as baseless bullying. The Chinese Ministry of Commerce (MOFCOM) has expressed firm opposition to this action and has lodged solemn representations with the U.S. government. In response to the potential escalation of U.S. export controls targeting China, particularly concerning chip control measures, MOFCOM has warned that it will take necessary measures to protect the legitimate rights of Chinese enterprises. This comes as the Biden administration is set to unveil new export controls.
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Retaliatory sanctions • 25%
No significant action • 25%
Diplomatic negotiations • 25%
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