© Reuters. FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration
BEIJING (Reuters) – China firmly opposes U.S. export controls on semiconductor chips and urges the country to stop immediately, the commerce ministry said in a statement on Monday.
The decision by the United States not only hurts Chinese companies but also the commercial interests of U.S. exporters , according to the statement.