China’s reaction to Japan’s chip ban

China has warned that Japan’s decision to follow the United States in imposing export controls on chip-making equipment “would seriously harm the interests of Chinese and Japanese manufacturers.”

In the Commerce Ministry statement, it was claimed that it was wrong for the Tokyo administration to insist on its decision despite negative views from industry groups in China and Japan.

In the statement, he stressed that the implementation, which is scheduled to take effect on June 1, will harm trade cooperation between the two countries and seriously harm the interests of Chinese and Japanese companies.

Noting that the abuse of export controls goes against the understanding of free trade, international economic and trade rules, the statement said: “China will reserve the right to take countermeasures to protect its legitimate rights and interests.” statement was included.

In the statement, it was assessed that the application would disrupt the order of the global semiconductor industry and negatively affect the security and stability of the industry and supply chains.

Japan, parallel to the restrictions imposed by the US on Chinese manufacturers in the chip industry, the Tokyo administration announced that it would regulate the export of 23 types of chip-making equipment to China. (AA)