China retaliates against US 'weaponization' of trade
China's Ministry of Commerce has declared a ban on the export of certain dual-use items and essential raw materials as a reaction to trade restrictions imposed by the United States. Read Full Article at RT.com.
TroibNews 
Beijing has responded to the restrictions imposed by Washington by limiting exports of essential rare metals and specific dual-use items.
China has declared a ban on shipments of various dual-use items and crucial raw materials utilized in semiconductor production and military applications to the US. This action follows the recent sanctions implemented by the US.
On Monday, the US announced restrictions on the export of a wide array of chipmaking tools and software targeted at the Asian country.
In a statement from the Chinese Ministry of Commerce released on Tuesday, officials indicated that the retaliatory measures aim to protect national security interests and fulfill international obligations.
Under the new regulations, China will prohibit exports of dual-use items to US military users or for military applications. Furthermore, there will be stringent controls on the export of gallium, germanium, antimony, superhard materials, and graphite-related dual-use items to the US.
These rare metals are integral to the manufacture of computer chips and a variety of other products, including solar panels and advanced radar equipment. China ranks as the world’s leading producer of gallium and is a significant exporter of germanium.
The US has not produced gallium since 1987, depending on China for 21% of its imports of the material from 2019 to 2022, according to the US Geological Survey. However, imports have dropped by more than half compared to previous years due to increased tariffs imposed by Beijing on shipments to the US.
The Ministry of Commerce of China (MOFCOM) cautioned that any organization or individual from any region that violates these new regulations will be held accountable under the law. The regulation is effective immediately.
On Monday, the US Department of Commerce announced the prohibition of exporting 24 types of chip manufacturing equipment, three software programs, and high bandwidth memory to China. Additionally, 140 Chinese entities, including toolmakers, chip fabricators, and investment firms, were added to the department’s blacklist due to their involvement in developing China's domestic semiconductor industry.
In remarks about the situation, a spokesperson for MOFCOM told reporters on Tuesday that in recent years, the US “has overstretched the concept of national security, politicized and weaponized economic and technological issues, abused export control measures…”
The spokesperson added that such actions seriously undermine international trade rules, the legitimate rights and interests of enterprises, and the stability of global industrial and supply chains.
In recent years, the two largest economies, the US and China, have been competing for supremacy in key technological sectors, including semiconductors. The US has repeatedly tightened export controls to prevent Chinese firms from acquiring specific American components, citing national security concerns.
Beijing has criticized the export restrictions, asserting that they contradict globally recognized market regulations.
Alejandro Jose Martinez for TROIB News
China has declared a ban on shipments of various dual-use items and crucial raw materials utilized in semiconductor production and military applications to the US. This action follows the recent sanctions implemented by the US.
On Monday, the US announced restrictions on the export of a wide array of chipmaking tools and software targeted at the Asian country.
In a statement from the Chinese Ministry of Commerce released on Tuesday, officials indicated that the retaliatory measures aim to protect national security interests and fulfill international obligations.
Under the new regulations, China will prohibit exports of dual-use items to US military users or for military applications. Furthermore, there will be stringent controls on the export of gallium, germanium, antimony, superhard materials, and graphite-related dual-use items to the US.
These rare metals are integral to the manufacture of computer chips and a variety of other products, including solar panels and advanced radar equipment. China ranks as the world’s leading producer of gallium and is a significant exporter of germanium.
The US has not produced gallium since 1987, depending on China for 21% of its imports of the material from 2019 to 2022, according to the US Geological Survey. However, imports have dropped by more than half compared to previous years due to increased tariffs imposed by Beijing on shipments to the US.
The Ministry of Commerce of China (MOFCOM) cautioned that any organization or individual from any region that violates these new regulations will be held accountable under the law. The regulation is effective immediately.
On Monday, the US Department of Commerce announced the prohibition of exporting 24 types of chip manufacturing equipment, three software programs, and high bandwidth memory to China. Additionally, 140 Chinese entities, including toolmakers, chip fabricators, and investment firms, were added to the department’s blacklist due to their involvement in developing China's domestic semiconductor industry.
In remarks about the situation, a spokesperson for MOFCOM told reporters on Tuesday that in recent years, the US “has overstretched the concept of national security, politicized and weaponized economic and technological issues, abused export control measures…”
The spokesperson added that such actions seriously undermine international trade rules, the legitimate rights and interests of enterprises, and the stability of global industrial and supply chains.
In recent years, the two largest economies, the US and China, have been competing for supremacy in key technological sectors, including semiconductors. The US has repeatedly tightened export controls to prevent Chinese firms from acquiring specific American components, citing national security concerns.
Beijing has criticized the export restrictions, asserting that they contradict globally recognized market regulations.
Alejandro Jose Martinez for TROIB News
