US roll outs new export controls to restrict China's chip industry

The US Department of Commerce said on Thursday that the export restrictions followed consultation with international partners and would strengthen relations with "like-minded countries."

"Today's action ensures our national export controls keep step with rapidly evolving technologies and are more effective when we work in concert with international partners," Under Secretary for the Bureau of Industry and Security Alan Estevez said in a statement.

"Aligning our controls on quantum and other advanced technologies makes it significantly more difficult for our adversaries to develop and deploy these technologies in ways that threaten our collective security," he added.

This comes as the US has sought to throttle China's tech industry with curbs on advanced chips and related equipment amid the growing strategic rivalry between Washington and Beijing, as reported by Al Jazeera.

President Joe Biden has also pressed allied countries to introduce new restrictions to limit Beijing's access to semiconductor technology.

Earlier on Friday, the Netherlands also announced tighter controls on exports of semiconductor-making machines.

"We see that technological advances have given rise to increased security risks associated with the export of this specific manufacturing equipment, especially in the current geopolitical context," Dutch Foreign Trade Minister Reinette Klever said in a statement.

Other countries, including Japan, have previously joined US efforts to hobble the Chinese tech sector by rolling out curbs on advanced chip-making equipment, Al Jazeera reported.

On the other hand, China's Ministry of Foreign Affairs has accused Washington of violating market principles and disrupting global supply chains.

"This does not align with the interests of any side," spokeswoman Mao Ning told a regular news conference. (ANI)