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China Accuses US of ‘Technological Terrorism’ as Chip Curbs Grow

  • Beijing says Washington is unfairly impeding its tech advance
  • US is pushing allies to expand sanctions on sales of chip gear
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WATCH: A US intelligence advisory, says China’s government is seeking to exploit years of business and cultural relations to further its geopolitical and military objectives. Meanwhile, China denounced US efforts to stop ASML and Nikon from selling key chipmaking technology to the country as “technological terrorism.” Jodi Schneider reports.Source: Bloomberg
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China accused the US of “technological terrorism” in pushing to stop ASML Holding NV and Nikon Corp. from selling key chipmaking technology to the country, in some of its strongest criticism yet of Washington’s efforts.

Chinese Foreign Ministry spokesman Zhao Lijian lashed out at Washington after Bloomberg News reported the US is lobbying allies to stop the sale of mainstream technology essential for making a large chunk of the world’s chips, expanding a years-long campaign to curb the country’s rise. He didn’t say whether China planned any retaliatory measures in response to the move.