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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 interest ....
the move also comes as janet yellen met with the chinese ambassador ahead of her visit to china this week. michelle fleury has more. us treasury secretary janet yellin is heading 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 study the relationship but she has 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. this is 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 control starting august one. in a statement, the chinese ministry of commerce said it was to protect national security interest. china is the largest producer of gallium and ....
programme. i m sally bundock. if you have just joined if you havejustjoined us, you are in time for the top business stories. france is on edge, as you know, because as you have been hearing, it has had many, many days of riots, which has been a real problem for president macron, who will be meeting the mayors of 220 municipal areas today that have been affected by the recent violence. riots in france appear to be calming, after five days of violent protests in response to the shooting and the killing of a teenager, nahel m, during a police traffic stop. there are concerns that the spate of violence will have a long term effect on the tourism sectorjust as the summer season begins. french media outlet le point quoted a tourism official as estimating that up to 25% of hotel bookings in paris had already been cancelled. in some regions, financial support has been announced for looted businesses and hospitality venues. joining me now is charlotte de montpellier, senior economist ....
beijing. china has slapped export controls on two rare metals used in the manufacture of semiconductors. the move by the chinese ministry of commerce targets the metals gallium and germanium. china is a major producer of both. from august, exports of these metals will require a licence. michelle fleury has more. us treasury secretary janet yellen is headed to berlin, 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 study the relationship, but she has got her work cut out for her. ahead of her visit beijing said he was imposing export controls on two rare medals 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 for tub gallium and a germanium the two mentals in questi ....
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