Communications of the ACM
U.S. Will Be 'Sole Winner' if Japan Copies Chip Curbs on China, Beijing's Envoy to Tokyo Warns
“The vast majority of Japanese businesses maintain a cool mind and clear eyes”, according to Wu Jianghao, China’s ambassador to Japan.
Credit: AFP
Japan will be the loser alongside China if it continues to follow Washington's lead in curbing semiconductor exports, leaving the U.S. as the "sole winner," Beijing's top envoy to Tokyo has warned.
Calling on Japan to act rationally, Chinese ambassador Wu Jianghao said Tokyo risked sacrificing its business reputation and the future of its semiconductor industry by such moves, as it would lose the huge Chinese market – the No. 1 destination for Japanese chip exports.
"The United States' objective is to reestablish its dominance in the semiconductor sector. If [Japan] follows the path designed by the U.S., there will only be one result: a 'lose-lose' situation for both China and Japan, with the U.S. emerging as the sole winner," Wu told the Japan Association for the Promotion of International Trade (JAPIT) in Tokyo.
From South China Morning Post (Hong Kong)
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