China believes there is no winner in such a fight
After the election of a new US president, there were hopes that the administration of President Joe Biden could make a difference between the US and China. However, Biden’s actions confirm that relations between the countries are unlikely to improve.
“The United States is an unreliable country that cannot be trusted” – new sanctions will affect both China and the United States
This week, the US imposed stricter conditions on some companies that previously received export licenses to do business with Chinese smartphone maker Huawei. Huawei’s suppliers have already been informed of the changes to their previously approved licenses to supply Huawei products. These changes make it difficult for the Chinese company to supply components. The administration also imposes new restrictions on components that are used in or with 5G devices.
In response to these actions, the Chinese government condemned Joe Biden’s position. According to China, no one can trust the United States in the modern world. Further quote: “The United States is an unreliable country that cannot be trusted.”
Foreign Ministry spokesman Zhao Lijian says there is no winner in such a fight. According to him, the new sanctions will affect both China and the United States.
This will seriously undermine technological and trade relations between the two countries and the world as a whole, it will disrupt global production and supply chains. The United States must immediately end its crackdown on Chinese companies and treat Chinese companies in a fair and non-discriminatory manner.