China Says Biden's New Chip Curbs Will Harm Recovery

The transcript discusses the US-China competition, focusing on the Biden administration's actions against China's ambitions in AI and chip making. It highlights the potential impact on US companies, particularly in the semiconductor industry, and the need for international cooperation. The Chinese Foreign Ministry's response suggests these actions could harm global supply chains and economic recovery. The complexity of enforcing such restrictions in a global market is also addressed.

What was the response of the Chinese Foreign Ministry regarding the US restrictions on semiconductor companies?

In what ways could the enforcement of US semiconductor restrictions be challenging?