These Three Countries Limit Semiconductor Exports To China
JAKARTA - Reportedly three developed countries from Germany, Japan, and South Korea will soon impose restrictions on the export of semiconductor chips to China.
"I have paid attention to the report. No one has constructively restricted exports to China under the pretext of reducing dependence," said Chinese Foreign Ministry (MFA) spokesman Mao Ning, in Beijing, Friday (28/4).
According to him, China is an important world semiconductor market so that the restriction policy will actually harm the countries concerned in addition to disrupting global supply industries and chains.
"We ask these countries to comply with market economic law," Mao said, quoted by ANTARA, Saturday, April 29.
He also invited several countries to work together to comply with trade rules and the international economy and be more open to the world.
The German government, as Bloomberg reports, is working to implement chemical export restrictions that become semiconductor raw materials to reduce its economic dependence on China.
Germany's largest chemical company, Merck and BASF, is expected to be affected by the policy.
The Japanese government on March 31 plans to expand export controls that include 23 types of semiconductor manufacturing equipment to China.
Several South Korean chip makers are also subject to export bans to China.
Previously, the United States also invited the Netherlands and Taiwan to limit the export of semiconductor chips.
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Currently, China's dependence on semiconductor exports is very high, especially along with the rapid increase in domestic electric car production.