China has become more friendly toward Micron, an American chipmaker, as tensions with the U.S. lessen.

In a significant development highlighting the warming relations between the United States and China, China’s commerce minister conveyed a welcoming message to Micron Technology Inc’s president regarding the U.S. semiconductor company’s expansion in the Chinese market. This gesture indicates a potential deepening of Micron Technology’s presence in China, further fostering economic ties between the world’s two largest economies.

The minister’s statement signals a thaw in relations between the United States and China, suggesting a more cooperative approach in the technology sector. As China continues its pursuit of technological advancements, the country’s openness towards Micron Technology’s expansion demonstrates its willingness to collaborate with international companies and utilize their expertise. This move not only benefits Micron Technology but also presents an opportunity for China to boost its domestic technological capabilities, strengthening its position in the global market.

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