China threatens retaliation against U.S. humanoid robot ban, says it 'severely damages' relations
Federal Communications Commission has repeatedly ignored Beijing's restrained stance on product bans, China's commerce ministry said Thursday, threatening...
Key points
- Federal Communications Commission has repeatedly ignored Beijing's restrained stance on product bans, China's commerce ministry said Thursday, threatening retaliation.
- The statement did not specify a country, and said retailers could still import models the FCC has previously approved.
- economic and trade stability," China's commerce ministry said in an online statement Thursday.
- "The two major cards China can play are to further restrict rare earth sales to American companies and further restricting Chinese market access for American companies like Tesla and NVIDIA." The commerce ministry's statement comes as U.S.
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Federal Communications Commission has repeatedly ignored Beijing's restrained stance on product bans, China's commerce ministry said Thursday, threatening retaliation. The statement did not specify a country, and said retailers could still import models the FCC has previously approved. economic and trade stability," China's commerce ministry said in an online statement Thursday. "The two major cards China can play are to further restrict rare earth sales to American companies and further restricting Chinese market access for American companies like Tesla and NVIDIA." The commerce ministry's statement comes as U.S. Chinese companies Agibot, Unitree and UBTech accounted for the top-three humanoid companies by installation market share last year, according to Counterpoint. Robostore, a distributor of Chinese humanoid robots in North America, has been preparing by expanding its U.S.-based capabilities, CEO Teddy Haggerty said in a statement to CNBC.