China ‘may come up with countermeasures’ as Japan’s chip export controls take effect: analyst
2023-07-24 09:17:33 source:Global Times
July 23, 2023
Japanese export controls on 23 crucial chip-manufacturing items took effect on Sunday. This comes as Japan has blindly followed Washington's lead in containing China. Chinese analysts said Japan's unreasonable move will make its chip industry face a Waterloo again, as Japanese chipmakers are striving to avoid repeating the failure in the Japan-US chip war more than three decades ago.
Chinese analysts said China will take all necessary measures to safeguard its own interests, adding that the country has abundant countermeasures including potential bans on export of strategic raw materials and restrictions on foreign chipmakers that aid the US' malicious crackdown on China, and the countermeasures "might come out soon."
Japan announced in late March a draft revision to a ministry ordinance on its Foreign Exchange and Foreign Trade Act, adding 23 chip-manufacturing items that require government approval for export, which includes equipment for cleaning, checkups and lithography, a technology essential in producing cutting-edge chips.
Read more:
https://www.globaltimes.cn/page/202307/1294890.shtml