The U.S. has hit back at China over its ban on&nbsp;purchase&nbsp;of Micron Technology&nbsp;memory chips. US&nbsp;Commerce Secretary Gina Raimondo on Saturday said Washington 'won't tolerate' the pressure tactics of China and that it will work closely with allies to address 'economic coercion' measures taken by Beijing in recent times.&nbsp;

Speaking after a meeting of trade ministers at the Indo-Pacific Economic Framework talks,&nbsp;Raimondo said the US 'firmly opposed' China's actions against Micron.&nbsp;

"These [Chinese sanctions] target a single US company without any basis in fact, and we see it as plain and simple economic coercion and we won't tolerate it, nor do we think it will be successful," said&nbsp;Raimondo.&nbsp;

<h2>Micron poses security risk: China</h2>

Last week, China's cyberspace regulator, in a precedent-breaking move, banned Micron — the biggest US memory chipmaker, claiming that the&nbsp;US-based company had&nbsp;failed its network security review.&nbsp;

The Cybersecurity Administration (CAC) in a statement said Micron's products&nbsp;"have relatively serious potential network security issues, which pose a major security risk to China's critical information infrastructure supply chain and affect China's national security."

<a href="https://www.wionews.com/business-economy/china-bans-chipmaker-micron-says-it-failed-network-security-review-594970">ALSO READ |&nbsp;China bans chipmaker Micron, says it failed network security review</a>

As the decision came a day after the G7 summit in Hiroshima, Japan,&nbsp;Raimondo evoked the language adopted by the powerful grouping in its joint communique.&nbsp;

"As we said at the G7, and as we have said consistently, we are closely engaging with partners addressing this specific challenge and all challenges related to China's non-market practices."

Notably, Micron became the first American&nbsp;chipmaker to be targetted by China following a series of export controls by the US on certain American components and chipmaking tools to block them from being used to advance China's military capabilities.&nbsp;

<a href="https://www.wionews.com/videos/micron-fails-chinas-security-check-594972">WATCH |&nbsp;Micron fails China's security check</a>

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<h2>US lawmakers demand reaction</h2>

After the ban, US lawmakers raised their voice, arguing for retaliatory attacks on Chinese companies.&nbsp;US Representative Mike Gallagher, who chairs a Congressional committee focusing on China&nbsp;proposed adding Changxin Memory Technologies to a "blacklist" that would prevent it from doing business with American companies.

Michael McCaul, chairman of the House Foreign Affairs Committee, also slammed Beijing and called for a response.&nbsp;

"I urge the administration to use the many authorities Congress has given it to hold the CCP accountable," he was quoted as saying by Bloomberg.&nbsp;

<a href="https://www.wionews.com/business-economy/chip-war-intensifies-lawmakers-want-us-to-blacklist-chinese-firm-after-micron-ban-596235">ALSO READ |&nbsp;Chip war intensifies: Lawmakers want US to 'blacklist' Chinese firm after Micron ban</a>

China's move was an unprecedented step that has already sparked charges of overreach. Tensions over technology have been rising amid dueling claims of "economic coercion" since the US put broad export restrictions on semiconductor equipment to China.

(With inputs from agencies) 
 
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The U.S. has hit back at China over its ban on purchase of Micron Technology memory chips. US Commerce Secretary Gina Raimondo on Saturday said Washington 'won't tolerate' the pressure tactics of China and that it will work closely with allies to address 'economic coercion' measures taken by Beijing in recent times.

The U.S. has hit back at China over its ban on purchase of Micron Technology memory chips. US Commerce Secretary Gina Raimondo on Saturday said Washington 'won't tolerate' the pressure tactics of China and that it will work closely with allies to address 'economic coercion' measures taken by Beijing in recent times. Speaking after a meeting of trade ministers at the Indo-Pacific Economic Framework talks, Raimondo said the US 'firmly opposed' China's actions against Micron. "These [Chinese sanctions] target a single US company without any basis in fact, and we see it as plain and simple economic coercion and we won't tolerate it, nor do we think it will be successful," said Raimondo. Micron poses security risk: China Last week, China's cyberspace regulator, in a precedent-breaking move, banned Micron — the biggest US memory chipmaker, claiming that the US-based company had failed its network security review. The Cybersecurity Administration (CAC) in a statement said Micron's products "have relatively serious potential network security issues, which pose a major security risk to China's critical information infrastructure supply chain and affect China's national security." ALSO READ | China bans chipmaker Micron, says it failed network security review As the decision came a day after the G7 summit in Hiroshima, Japan, Raimondo evoked the language adopted by the powerful grouping in its joint communique. "As we said at the G7, and as we have said consistently, we are closely engaging with partners addressing this specific challenge and all challenges related to China's non-market practices." Notably, Micron became the first American chipmaker to be targetted by China following a series of export controls by the US on certain American components and chipmaking tools to block them from being used to advance China's military capabilities. WATCH | Micron fails China's security check × US lawmakers demand reaction After the ban, US lawmakers raised their voice, arguing for retaliatory attacks on Chinese companies. US Representative Mike Gallagher, who chairs a Congressional committee focusing on China proposed adding Changxin Memory Technologies to a "blacklist" that would prevent it from doing business with American companies. Michael McCaul, chairman of the House Foreign Affairs Committee, also slammed Beijing and called for a response. "I urge the administration to use the many authorities Congress has given it to hold the CCP accountable," he was quoted as saying by Bloomberg. ALSO READ | Chip war intensifies: Lawmakers want US to 'blacklist' Chinese firm after Micron ban China's move was an unprecedented step that has already sparked charges of overreach. Tensions over technology have been rising amid dueling claims of "economic coercion" since the US put broad export restrictions on semiconductor equipment to China. (With inputs from agencies) WATCH WION LIVE HERE:

'Won't tolerate', says USA after China's ban on chipmaker Micron

In a move that will further inflame relations between the two nations, lawmakers in the United States have called for retaliation against China for banning memory chipmaker Micron Technology.

US Representative Mike Gallagher, who chairs a Congressional committee focusing on China, has proposed adding Changxin Memory technologies to a "blacklist" that would prevent it from doing business with American companies.

His colleague Michael McCaul, who is the chairman of the House Foreign Affairs Committee, also slammed Beijing and called for a response. Bloomberg quoted McCaul as saying, "I urge the administration to use the many authorities Congress has given it to hold the CCP accountable."&nbsp;

The chips that power most technical developments, from artificial intelligence to self-driving vehicles, are produced by Changxin Memory, one of a handful of significant Chinese enterprises that reflect Beijing's ambitions to equal the US in terms of technology.

Moreover, the Chinese chipmaker wants to create history by launching an initial public offering in its home market this year, with a potential valuation of more than $14.5 billion.

The US lawmaker's proposal was in response to Beijing's decision to prevent Micron from supplying China's key infrastructure for reasons of national security.&nbsp;

China's move was an unprecedented step that has already sparked charges of overreach. Tensions over technology have been rising amid dueling claims of "economic coercion" since the US put broad export restrictions on semiconductor equipment to china.

On Wednesday, Mao Ning, a spokesperson for China's foreign ministry, defended the government's decision to withdraw from Micron.&nbsp;

"The cybersecurity review on micron's products sold in China is carried out according to China's laws, and the decision was made based on facts," Bloomberg quoted her as saying.&nbsp;

Ning added that the United States has placed dozens of Chinese businesses and individuals "into all kinds of lists and imposed all kinds of restrictions" without providing any evidence to support their inclusion.

In a move that will further inflame relations between the two nations, lawmakers in the United States have called for retaliation against China for banning memory chipmaker Micron Technology.

In a move that will further inflame relations between the two nations, lawmakers in the United States have called for retaliation against China for banning memory chipmaker Micron Technology. US Representative Mike Gallagher, who chairs a Congressional committee focusing on China, has proposed adding Changxin Memory technologies to a "blacklist" that would prevent it from doing business with American companies. His colleague Michael McCaul, who is the chairman of the House Foreign Affairs Committee, also slammed Beijing and called for a response. Bloomberg quoted McCaul as saying, "I urge the administration to use the many authorities Congress has given it to hold the CCP accountable." The chips that power most technical developments, from artificial intelligence to self-driving vehicles, are produced by Changxin Memory, one of a handful of significant Chinese enterprises that reflect Beijing's ambitions to equal the US in terms of technology. Moreover, the Chinese chipmaker wants to create history by launching an initial public offering in its home market this year, with a potential valuation of more than $14.5 billion. The US lawmaker's proposal was in response to Beijing's decision to prevent Micron from supplying China's key infrastructure for reasons of national security. China's move was an unprecedented step that has already sparked charges of overreach. Tensions over technology have been rising amid dueling claims of "economic coercion" since the US put broad export restrictions on semiconductor equipment to china. On Wednesday, Mao Ning, a spokesperson for China's foreign ministry, defended the government's decision to withdraw from Micron. "The cybersecurity review on micron's products sold in China is carried out according to China's laws, and the decision was made based on facts," Bloomberg quoted her as saying. Ning added that the United States has placed dozens of Chinese businesses and individuals "into all kinds of lists and imposed all kinds of restrictions" without providing any evidence to support their inclusion.

Chip war intensifies: Lawmakers want US to 'blacklist' Chinese firm after Micron ban

After the <a href="https://www.wionews.com/world/us-says-to-work-with-allies-to-help-pacific-islands-amid-china-rivalry-390306">US</a> Senate&nbsp;passed the Innovation and Competition Act to address the Chinese technological threat, the Chinese foreign ministry said America is "seeing China as an imaginary enemy".

Watch:

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After the bill was passed with a 68-32 vote margin amid&nbsp;bipartisan support by the Senate, US President Biden said: "We are in a competition to win the 21st century, and the starting gun has gone off, as other countries continue to invest in their own research and development, we cannot risk falling behind."

The bill allows the US government to pour $190 billion in order to strengthen US technology and research and also power research in semiconductors and chips which has taken a massive hit due to the pandemic with production going downhill.

The bill aims to bolster the US auto industry hit hard due to the pandemic and also seeks to increase domestic manufacturing of semiconductors.

However, China's National People's Congress foreign affairs committee hit out against the US bill, saying: "The bill shows that the paranoid delusion of egoism has distorted the original intention of innovation and competition."

The committee said it displayed "Cold War mentality and ideological prejudice".

The US bill also aims to mark $120 billion for research and development in artificial intelligence and quantum science.

Republican Senator Chuck Schumer who was the co-sponsor of the bill asserted that America's superpower status would come to an end if nothing is done, while adding that, "We don’t mean to let those days end on our watch."

The innovation bill is now headed to the House of Representatives.

After the US Senate passed the Innovation and Competition Act to address the Chinese technological threat, the Chinese foreign ministry said America is "seeing China as an imaginary enemy".

After the US Senate passed the Innovation and Competition Act to address the Chinese technological threat, the Chinese foreign ministry said America is "seeing China as an imaginary enemy". Watch: After the bill was passed with a 68-32 vote margin amid bipartisan support by the Senate, US President Biden said: "We are in a competition to win the 21st century, and the starting gun has gone off, as other countries continue to invest in their own research and development, we cannot risk falling behind." The bill allows the US government to pour $190 billion in order to strengthen US technology and research and also power research in semiconductors and chips which has taken a massive hit due to the pandemic with production going downhill. The bill aims to bolster the US auto industry hit hard due to the pandemic and also seeks to increase domestic manufacturing of semiconductors. However, China's National People's Congress foreign affairs committee hit out against the US bill, saying: "The bill shows that the paranoid delusion of egoism has distorted the original intention of innovation and competition." The committee said it displayed "Cold War mentality and ideological prejudice". The US bill also aims to mark $120 billion for research and development in artificial intelligence and quantum science. Republican Senator Chuck Schumer who was the co-sponsor of the bill asserted that America's superpower status would come to an end if nothing is done, while adding that, "We don’t mean to let those days end on our watch." The innovation bill is now headed to the House of Representatives.

It shows paranoid delusion of egoism, says China on US innovation bill