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Beijing imposes export controls on germanium and gallium, two key metals for microchips, optical fibres, and solar panels, against the background of the US-Sino trade war. But curbs can be a double-edged sword.
For decades, the US and China engaged in strategic ambiguity to keep their relationship stable, but both are now openly targeting global leadership. By ramping up their rhetoric and acting with explicit intent, the two countries are not only inflicting economic pain but also increasing the chances of a hot war.
According to trade experts, China has taken this decision in retaliation to USA’s strategies of export ban of key semiconductor technologies and equipment
(Bloomberg) -- China imposed restrictions on exporting two metals that are crucial to parts of the semiconductor, telecommunications and electric-vehicle industries in an escalation of the country’s tit-for-tat trade war on technology with the US and Europe.Most Read from BloombergRussian General Still Missing as Defense Chief Slams MutinyChina Restricts Export of Chipmaking Metals in Clash With USTesla and BYD Post Record Sales on Surge in Electric-Car DemandMusk, Zuckerberg Lead a $852 Billion
Archbishop George Leo Thomas of the newly created Archdiocese of Las Vegas formally received the pallium from Pope Francis on Thursday.