China says US plan to toughen semiconductor curb will backfire

BEIJING (Reuters) – The U.S. plan of coercing other countries into going after China’s semiconductor industry will backfire, China’s foreign ministry said on Tuesday.

Such actions by the United States will hinder development of the global semiconductor industry, said Lin Jian, a foreign ministry spokesperson, in a regular press briefing, when asked about the White House’s plan to toughen semiconductor restrictions on China.

(Reporting by Colleen Howe and Xiuhao Chen; Editing by Tom Hogue)