Images from file archives highlight China's integrated chip manufacturing sector and its ongoing trade relations. The photos include workers at a chip encapsulation factory in Nantong, flags symbolizing international cooperation in Beijing, and a press conference with the Chinese Commerce Minister.
FILE - A man works at a manufacturer of Integrated Chip encapsulation in Nantong in eastern China’s Jiangsu province on Friday, Sept. 16, 2022. FILE - American flags are displayed with Chinese flags on top of a trishaw on Sept. 16, 2018, in Beijing. FILE - Chinese Commerce Minister Wang Wentao speaks at a press conference on the sideline of the National People’s Congress in Beijing, Wednesday, March 6, 2024.
Here’s why this could be a tipping point in trade conflict between the two biggest economies, coming at a time when antagonisms already were expected to heat up once President-elect Donald Trump takes office, given his vows to— critical minerals needed to make advanced semiconductors, among many other types of equipment. Beijing also tightened controls on exports of, which is used in EV and grid-storage batteries.
Commerce Secretary Gina Raimondo said the revised rules were intended to impair China’s ability to use advanced technologies that “pose a risk to our national security.” The updated regulations also limit exports to China of high-bandwidth memory chips that are needed to process massive amounts of data in advanced applications such as artificial intelligence.
Washington also extended the restrictions on exports of advanced semiconductor technology to companies in other countries, though it excluded companies in key allies like Japan, South Korea and the Netherlands that are thought to have adequate export controls of their own.In a word: very. For the U.S.
Washington has been moving to tap sources other than China, forming a “Minerals Security Partnership” with the EU and 15 other countries. President Joe Biden’s visit to Africa this weekPotential supply disruptions also have spurred efforts to tap U.S. deposits of rare earths and other critical materials in southeastern Wyoming, Montana, Nevada, Minnesota and parts of the American Southwest.
Integrated Chip Manufacturing Trade Relations Commerce Minister Nantong
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