China Retaliates, Slams Restrictions On US For Blocking Its Chip-Making Industry | Sahara Reporters

  • 📰 SaharaReporters
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

China has slapped restrictions on exports of key raw materials that its Western rivals need for producing semiconductors, in retaliation against the United States-led efforts to block advances in its chip-making industry.

The new export controls, announced on Monday by the Chinese Commerce Ministry, will go into effect on August 1 and apply to gallium and germanium – rare metals used in making computer chips and a variety of other products, such as solar panels and advanced radar equipment,Exporters according to export controls introduced by the ministry will need “special permission” to ship either of the two metals or their derivative compounds out of China, citing national security interests.

The US hasn’t produced any gallium since 1987 and relied on China for 53% of its imports of the material between 2018 and 2021, according to the US Geological Survey. Amsterdam’s move drew an angry response from the Chinese government, which claimed that the US was coercing other countries to help maintain its “global hegemony” and implement “semiconductor suppression against China.”

The new restrictions on raw materials apparently deliver on China’s warning about the chipmaking supply chain. An editorial published on Monday in the state-owned China Daily newspaper suggested that Beijing’s move was made in retaliation for the curbs imposed by the US and its allies.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 9. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Alleged petrol price hike, Twitter restrictions... 7 business news to track this week | TheCableAlleged petrol price hike, Twitter restrictions… 7 business news to track this week | TheCable
Источник: thecableng - 🏆 2. / 80 Прочитайте больше »