producer of them both. from next month, exporting these metals will require a licence, as michelle fleury explains. welcome to world business report, i m ben thompson. us treasury secretary janet yellen is headed to beijing and hers is the second trip by a cabinet official to china since ties between the world s two top economies deteriorated earlier this year. her goal is to steady the relationship, but she s got her work cut out for her. ahead of her visit, beijing said it was imposing export controls on two rare metals essential for making semiconductors. the measures are seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two metals in question, will be subject to export controls starting august 1st. in a statement, china s ministry of commerce said it was to protect national security interests. ch
and now we have got launches a new app called threads. and now we have got the launches a new app called threads. and now we have got the sport. launches a new app called threads. and now we have got the sport. the roof is closed on the show court at wimbledon meaning that we have had some action. the defending women s champion is through but she has not had it all her own way. she champion is through but she has not had it all her own way. had it all her own way. she survived a scare on had it all her own way. she survived a scare on centre had it all her own way. she survived a scare on centre court had it all her own way. she survived a scare on centre court as had it all her own way. she survived a scare on centre court as is - a scare on centre court as is tradition of the second day. the women s defending champion opens up. rybakina lost the first set and we know she went into the championships with illness which forced her to withdraw at the third round stage
the industry. the likes sodium silicon chips that use these compounds are quite important in radio communications, 4g and five smartphones, power semiconductors for electric vehicles, for lighting, so it is quite significant for certain applications. 50 so it is quite significant for certain applications. so china sla rmr certain applications. so china slapping this certain applications. so china slapping this export - certain applications. so china | slapping this export restriction certain applications. so china - slapping this export restriction on them, i wonder whether there are alternative supplies or whether those restrictions could have a huge impact on the market and prices, one thatis impact on the market and prices, one that isjim, if there are restrictions. that is jim, if there are restrictions. that is jim, if there are restrictions. , . ., restrictions. yes, in particular - rice restrictions. yes, in particular rice is restrictions. yes, in particular price is going
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her goal is to steady the relationship, but she s got her work cut out for her. ahead of her visit, beijing said it was imposing export controls on two rare metals essential for making semiconductors. the measures are seen as a tit for tat response after the us, the netherlands and japan recently restricted chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two metals in question, will be subject to export controls starting august 1st. in a statement, china s ministry of commerce said it was to protect national security interests. china is the largest producer of gallium and germanium, which are used in a variety of products, including computer chips and solar panels. this is just the latest development in the global battle to control chip making technology.