Key facts
- China's Ministry of Commerce criticized new US guidance on AI chip exports.
- China accused the US of abusing export controls and disrupting the global semiconductor supply chain.
- Trade lawyers and industry insiders believe the fallout from the guidance could be limited.
- The US Bureau of Industry and Security (BIS) issued the guidance on May 31.
China's Ministry of Commerce has strongly criticized the latest guidance from Washington regarding advanced artificial intelligence chip exports. The ministry accused the United States of misusing export controls and causing disruptions to the global semiconductor supply chain. Despite the strong geopolitical rhetoric, trade lawyers and industry insiders suggest that the practical consequences of this new guidance might be less significant than the official statements imply. The US Bureau of Industry and Security (BIS) released the guidance on May 31, which mandates that licenses will be required for certain exports.