Many young people do not know "COCOM" - Coordinating Committee for Multilateral Export Controls.
Since the founding of New China, China has been subject to sanctions and embargoes by the West.
2100+ kinds of goods are prohibited from selling to China, including swimming suits.π
Since the founding of New China, China has been subject to sanctions and embargoes by the West.
2100+ kinds of goods are prohibited from selling to China, including swimming suits.π
Established in 1949 as an economic adjunct of NATO, COCOM was organized to ensure that trade with the Soviet Union and its allies did not enable the Soviet bloc to gain access to militarily relevant technology by coordinating the export control policies of the member countries.
As a refinement to COCOM and in response to Chinese involvement in the Korean War, the United States petitioned for the creation of a separate committee, CHINCOM, to multilaterally control exports to communist China in 1952.
Export controls by CHINCOM were considerably more restrictive and the corresponding lists more expansive than controls by COCOM (i.e., than controls over the Soviet bloc), which became known as the βChina Differential.β In 1957, CHINCOM was formally incorporated into COCOM.
COCOM endured, allied griping notwithstanding, until 1993, when it was transformed into the Wassenaar Arrangement.
Therefore, China and the Chinese people are really not afraid of the current US chip sanctions against us.
It's a bit troublesome, but not fatal.
We have always been subject to sanctions and embargoes... but none of these can stop our development.
It's a bit troublesome, but not fatal.
We have always been subject to sanctions and embargoes... but none of these can stop our development.
"China's problems are complicated, and our brains must also be a little complicated. If they start fighting, we fight back, fight to win peace."
- Mao Zedong
- Mao Zedong
Loading suggestions...