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China warns chipmaking export curbs ‘are just the start’ – RT Business News

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China’s export controls on key components for computer chip manufacturing are “just the beginning,” an influential trade policy adviser warned Wednesday.

Earlier this week, China announced that from next month special licenses will be needed to export gallium and germanium, two key metals used to make computer chips.

Speaking to the China Daily newspaper, former Vice Commerce Minister Wei Jianguo said that if Washington imposes tougher tech restrictions on Beijing, the government will step up countermeasures. The decision to restrict the export of industrial products and materials containing gallium and germanium was taken after careful consideration, he added.

The comments follow a report published Tuesday by the Wall Street Journal that the United States plans to restrict China’s access to cloud computing to close a loophole that allows Chinese artificial intelligence companies to circumvent current rules. chip export controls. Cloud services allow customers to acquire powerful computing capabilities without purchasing advanced equipment, such as chips.

Washington and Beijing have been embroiled in a dispute over semiconductors and other advanced technologies for several months.

LEARN MORE:
US plans to restrict China’s access to cloud computing – WSJ

Reuters reported in May that U.S. officials were considering tightening a rule aimed at slowing the flow of artificial intelligence chips to China by limiting the amount of computing power the chips can have. Last October, Washington introduced export control rules, effectively cutting off China from certain semiconductor chips made with American equipment.

China retaliated in May by banning memory chips made by Micron, the largest US producer.

This week, Chinese President Xi Jinping called for “Stable and fluid functioning of regional and industrial sectors” ahead of US Treasury Secretary Janet Yellen’s visit to Beijing to discuss economic issues between the two nations.

For more stories on economics and finance, visit RT’s business section

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