China starts WTO dispute against U.S. chip export curbs - News Summed Up

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China starts WTO dispute against U.S. chip export curbs


China has launched a trade dispute at the World Trade Organization against the United States over its chip export control measures, China's commerce ministry said. The United States passed a sweeping set of regulations in October aimed at kneecapping China's semiconductor industry, prompting a complaint from a top China trade group. The United States has blocked appointments to the WTO's top ruling body on trade disputes, meaning some rows never get settled. China's complaint on U.S. chip export curbs comes days after a WTO ruling against Washington in a separate suit about metal tariffs that had been brought by China among others. The United States, a regular critic of the WTO's arbitration proceedings, rejected the WTO's findings.


Source: The Standard December 13, 2022 11:37 UTC



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