China warns Japan of severe economic retaliation over chipmaking equipment restrictions.

China has warned Japan of severe economic retaliation if it imposes further restrictions on chipmaking equipment sales to Chinese firms. This comes amid U.S. efforts to limit China's access to advanced technology. Toyota has expressed concerns that Beijing could restrict Japan's access to critical minerals for automotive production in response. Japan began restricting semiconductor equipment exports in July, aligning with U.S. trade controls on China.

September 02, 2024
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