China Not Retaliating on U.S. Export Policy Out of Fear of Further Restrictions: Experts

China recognizes that it cannot produce all tech on its own, one expert said.

China Not Retaliating on U.S. Export Policy Out of Fear of Further Restrictions: Experts
Screenshot of Craig Allen, president of the US-China Business Council

WASHINGTON, February 27, 2023 – China has no reason to retaliate against U.S. export controls because it might lead to more restrictions on products which would not be in the Chinese Communist Party’s interests, said the president of US-China Business Council at a web conference on Wednesday.

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