China Opens WTO Case Against US Restrictions on Chip Exports – 12/13/2022 – Mercado

The China A trade dispute was initiated at the World Trade Organization America Because of its chip export control measures, according to China’s Ministry of Commerce.

In October, the United States approved a A set of rules that undermine China’s semiconductor industryprompting a complaint from a major trade group in China.

“China is taking legal action within the framework of the World Trade Organization as a necessary means to address our concerns and protect our legitimate interests,” said a statement from China’s Ministry of Commerce at its diplomatic mission in Geneva.

The mission added that US restrictions “threaten the stability of global industrial supply chains”.

Requesting advice is the first step in a process in the global trading system. The US has blocked appointments to the WTO’s top decision-making body on trade disputes, meaning some disputes are never resolved.

“We received a request for an inquiry from [República Popular da China] about certain U.S. actions affecting semiconductors,” said Adam Hodge, a spokesman for the Office of the U.S. Trade Representative.

“As we have communicated, these targeted measures are related to national security and the WTO is not the appropriate forum to discuss issues surrounding this topic,” Hodge said in a statement.

China’s complaint about export restrictions on U.S. chips comes days after a WTO ruling against Washington in a case brought by China over metal tariffs.