SMIC: some suppliers are further restricted by US export control regulations

category:Finance
 SMIC: some suppliers are further restricted by US export control regulations


On September 28, a spokesman for the Ministry of foreign affairs responded to SMIC was sanctioned by the U.S. Department of Commerce. China firmly opposes the U.S. governments generalized concept of national security, violates the principles of market economy and fair competition, violates international economic and trade rules, abuses export control and other restrictive measures, unreasonably suppresses Chinese enterprises and destroys the normal international economic and trade order. China will continue to take necessary measures to safeguard the legitimate rights and interests of Chinese enterprises.

SMIC responds to us export restrictions