China will only hurt with export restrictions on two key metals used for semiconductors, telecommunications and electric cars. Bloomberg reports it based on statements by US National Security Advisor Jake Sullivan.
“They’re just hurting themselves,” Sullivan said on the CBS show today Take on the nation. “I think it just motivates other countries to reduce the risk.” Additionally, Sullivan believes countries will more quickly look for ways to reduce dependence on China and create their own supply chains. “Even when it comes to minerals that are important for semiconductor manufacturing, etc.”
Sullivan refers, among other things, to gallium and germanium, together with chemical compositions, the export of which China wants to limit from August 1st. China does this under the guise of “protecting national security”. It is yet another measure in the chess game for technological dominance between China on one side and the United States and Europe on the other.
More diplomacy
US President Joe Biden wants to use more diplomacy in the matter with China and thus strengthen diplomatic ties. Furthermore, he wants to make it clear to Beijing that the United States does not want to secede, but is willing to defend national security in the field of technology.
In this sense, the Chinese export restrictions can be seen as a direct response to US restrictions on the export of chip technology to China. Furthermore, the Biden government also wants to limit the sale of chips used for artificial intelligence.
Source: BNR
Sharon Rock is an author and journalist who writes for 24 News Globe. She has a passion for learning about different cultures and understanding the complexities of the world. With a talent for explaining complex global issues in an accessible and engaging way, Sharon has become a respected voice in the field of world news journalism.
