"China Shows No Moves to Restrict Semiconductor Imports from Korea"
Semiconductors Are China's Key Import Products
"No Confirmed Strengthening of Chinese Customs Clearance"
On the 15th, an official from the Korean Embassy in China stated that some reports claiming that Chinese authorities have recently implemented unofficial regulatory measures related to economic and trade matters against Korea are far from the truth.
Regarding media reports that the Chinese government is controlling the use of foreign semiconductors through origin inspections amid deteriorating Korea-China relations, the official said, "There is no movement by China to impose import restrictions on Korean semiconductors."
He explained, "Semiconductors are a key import product for China, and given the urgent need for semiconductor imports within China, it is understood that the Chinese side believes there can be no measures to regulate exports of Korean semiconductors to China."
Regarding rumors that Chinese customs have issued instructions to strengthen inspection of Korean exports to China at the frontline, he said, "After confirming with the General Administration of Customs of China, there is no such case."
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The embassy official also added about the frontline situation, "Trade associations are conducting screenings, but no trends of strengthened customs inspections on Korean products by Chinese customs have been identified yet."
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