China: US sanctions make us stronger.
In a press conference, the spokesperson of the Ministry of Foreign Affairs of China said that these sanctions will only make us stronger.
The spokesperson of the Chinese Foreign Ministry on Sunday strongly criticized the recent US sanctions against the export of semiconductors to China.
He said in the press conference that the US embargo against the export of semiconductors to China will disrupt the stability of global production and the supply chain.
The spokesperson of the Ministry of Foreign Affairs of China continued his speech and said that these sanctions will only strengthen China.
In recent years, the United States has pressured various countries, especially European countries, to reduce their dependence on China and prevent the export of certain technologies to Beijing, as well as the use of Chinese technologies.
Despite Europe’s commercial dependence on China, there are indications that US pressure on Europe has paid off (for example, Germany has said it will review the continued use of Chinese equipment from Huawei and ZTE, and the Netherlands has announced it will block the sale of advanced chip printers to China. Kurds) and the tension in the politics of the European Union and China is increasing. European Union officials have announced in recent weeks that the Union is ready to impose sanctions on China if Beijing crosses a red line and provides arms to Russia.
Many countries are hesitant to withdraw from China’s lucrative market — especially Germany, which has strong trade ties. Europeans have already experienced deep economic damage due to disconnection with Russia, and now they cannot repeat the same experience against China. Especially since modern industries such as information and communication technology, energy production such as vanadium and rare earth magnets, lithium batteries, etc., which are produced in Europe, depend on the sources of rare elements (such as lithium, scandium, cerium, etc.). China provides 98% of the rare earth resources needed by Europe.