Mentioning that the coming time will be technology driven, Prime Minister said semiconductor is the basis of the Digital Age and the day is not far "when the semiconductor industry will be the bedrock for even our basic necessities"
The Chinese government has protested the move and continues to do so, claiming the west is trying to 'maintain its hegemony' and contain China by abusing export controls. It charges the United States of encouraging other countries of ganging up against China as well, the report added.