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A container ship is berthed at Yangshan Port in Shanghai in April. [Photo by Zhu Xingxin/China Dail

China’s export restrictions on specific minerals not meant to target any country: Officials Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

South Korea's semiconductors export to China, its largest trade partner, almost halved in January, impacted by the US' stepped-up chip war against China. But Chinese experts said South Korean chipmakers can't afford to lose the massive Chinese market.

As if the world isn't facing enough crises from food to energy to economy, 2022 was also marked another year of relentless US unilateralism and protectionism, with a dizzying number of crackdown measures that seriously disrupted global supply chains from energy products to chips.

The US' politicization and weaponization of technology, economic and trade issues will not stop China's development, and will only hurt the US itself, Mao added.The latest US export controls include restrictions on the export of some types of chips used in artificial intelligence and supercomputing, and tightened rules on the sale of semiconductor manufacturing equipment to any Chinese company that produces advanced logic chips.