Amid Japan's Moves to Strengthen Semiconductor Export Controls... China Says "Must Stop Immediately"
The Japanese government is showing signs of implementing export control measures on semiconductors and other sectors in the second half of the year, prompting the Chinese government to demand an immediate halt.
On the 29th, the Chinese Ministry of Commerce issued a statement through its spokesperson expressing "serious concerns" about Japan's move, stating, "Japan's related measures will severely impact normal trade exchanges between Chinese and Japanese companies, cause harm to both parties, and damage the stability of the global supply chain."
Earlier, the Japanese daily Nihon Keizai Shimbun reported on the 26th that Japan's Ministry of Economy, Trade and Industry plans to add four new export control items, including advanced materials and equipment that could potentially be used for military purposes. The main point is that Japanese companies will be required to report to the government before exporting these related items. The Japanese government plans to collect public opinions on this matter until May 25, revise the Foreign Exchange and Foreign Trade Act enforcement ordinance, and implement the measures within two months.
In response, the Chinese Ministry of Commerce urged, "We call for the immediate correction of these wrongful practices and the joint protection of global industry and supply chain stability." It also warned, "China will take necessary measures to firmly safeguard the legitimate rights and interests of enterprises."
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The Ministry of Commerce also indirectly criticized the United States in its statement. It claimed, "For some time, certain countries have severely damaged the stability of global industry and supply chains by generalizing the concept of national security, abusing export control measures, artificially dividing the global semiconductor market, and seriously violating the principles of free trade and multilateral trade rules."
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