China will impose new restrictions regarding exports of two materials used in the semiconductor industry, which becomes the country's latest effort amid a "chip war" with the United States.
The European Commission expressed concern on Tuesday over China's planned curbs on exports of strategic metals widely used in the semiconductor industry and doubt that the move was related to security. China said the control on exports of gallium and germanium products from Aug. 1 was aimed at protecting national security. "The Commission is concerned that these export restrictions are unrelated to the need to protect global peace and also stability and the implementation of China's non-proliferation obligations arising from international treaties," a Commission spokesperson told a daily briefing.
China s Ministry of Commerce has announced that starting on August 1, export restrictions will apply to gallium and germanium and industrial products and materials containing them.
Key Aspects of the Package: New Anti-circumvention Tool, Extending Existing Trade Sanctions, Transport Restrictions, Derogations and Exemptions, Asset Freeze
and she explained how she viewed relations between the two countries well, trade relations, like other parts of the us relationship with china are tense. while a lot of trade still continues to flow up between the two countries, export restrictions remain in place, and china is increasingly imposing regulations, making it very tough for us companies to operate in their country. it s interesting, because economic ties still happen, discussions of geopolitical issues on the defence front just shut down. now we have bill gates, elon musk visiting china. should we feel a bit more positive about the economic side of their relationship? well, clearly beijing seems more interested in reviving or strengthening the economic part of the relationship versus the military part,