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China slaps export curbs on essential chip-making metals
Mint Mumbai
|July 04, 2023
China said on Monday it would slap export controls on two rare metals essential for the manufacture of semiconductors over security concerns, as Beijing and Washington tussle over the global market for chips.
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Exports of gallium and germanium, of which China is a major producer, will require a license from 1 August, according to a guideline issued by the ministry of commerce and China customs.
The final recipient of the exports and the purpose of their use will have to be specified, the text said.
The need to "preserve security and national interests" was the reason for the measures, it said.
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