China on Saturday warned against a recently introduced package of export control legislation in the United States House of Representatives that would impose stricter limits on equipment used to manufacture advanced semiconductors, state news agency Xinhua reported.
The House Foreign Affairs Committee earlier this month passed the Multilateral Alignment of Technology Controls on Hardware (MATCH) Act, along with several related export control bills.
A spokesperson for China’s Commerce Ministry reiterated Beijing’s opposition to what it described as the “over-extension of the concept of national security and the abuse of export controls.”
“If enacted, the relevant bills will seriously undermine the international economic and trade order and significantly disrupt the stability of global semiconductor industrial and supply chains,” the spokesperson said.
“China will closely monitor the legislative process, carefully assess the impact on Chinese interests, and take resolute and necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises,” the spokesperson added.
The warning comes ahead of a planned meeting between United States President Donald Trump and Chinese President Xi Jinping in May.
The summit, originally scheduled for late March, was postponed due to the Iran war.
The United States and China, the world’s two largest economies, remain at odds over a range of issues, including trade and Taiwan.