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In a strongly worded statement, the Chinese Ministry of Commerce excoriated the United States for engaging in unilateral bullying behavior, saying that it "talks a good game while doing the opposite". Lambasting the US for constantly expanding the concept of national security and abusing export control measures that seriously affect companies from all over the world, including the US, the ministry pilloried the US for its abuse of regulatory measures that impede normal economic and trade exchanges among countries, seriously undermine market rules and the international economic and trade order, and threaten the stability of the global industry and supply chains. The statement came in response to the US Department of Commerce announcing on Monday new export restrictions targeting China. The package of measures includes restrictions on China-bound shipments of high bandwidth memory chips that are critical for high-end applications such as artificial intelligence training; new curbs on 24
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