China has banned certain metal exports in retaliation to the US chip restrictions

As of today, Chinese gallium, germanium and antimony are no longer being exported to the US. Germanium and gallium exports had already ceased in October, and antimony exports have dropped by 97 percent since September. This official declaration comes a day after the US announced it would further tighten technological exports to China, particularly referring to computer chips.

This ban includes materials that have “potential military applications,” as per Reuters.

The Chinese export ban primarily concerns what the government calls “dual-use items,” which are objects both the military and civilians can use. Due to this ban, graphite exports to the US from China must also undergo stricter reviews. However, they aren’t outright banned from exporting yet.

Gallium and germanium are used to make semiconductors, and the latter can also be found in fiber optic cables and solar cells. As for antimony, you may find it in shotgun shells, nuclear weapons, night vision goggles and some batteries.

These export bans are significant because China has been outputting 48 percent of globally mined antimony, 59.2 percent of refined germanium and 98.8 percent of refined gallium production. The US must now scramble to locate new deposits containing these materials, as the ban has already affected prices. Antimony trioxide has been 228 percent more expensive since the beginning of this year.

China has been finding ways to be technologically independent since the US banned exports to the Central Nation. The result of such efforts include HarmonyOS, Huawei’s chips being used in AI development and the Beidou Navigation Satellite System.

This article originally appeared on Engadget at https://www.engadget.com/computing/china-has-banned-certain-metal-exports-in-retaliation-to-the-us-chip-restrictions-144005531.html?src=rss

HOT news

Related posts

Latest posts

Indonesia expects Apple to invest $1 billion to get the iPhone 16 back on sale

Indonesia’s investment minister, Rosan Roeslani, said that the country is expecting $1 billion from Apple as an investment. It’s important to note that Indonesia...

Hydra Founder Sentenced to Life in Prison by Russian Court for Running $5 Billion Crypto Black Market

Stanislav Moiseev, the mastermind behind the notorious online black market and cryptocurrency mixing service Hydra, has been handed a life sentence by a Russian...

Is Tron (TRX) The Next Ripple (XRP)?

TL:DR; Tron’s price flew through the roof in the past 12 hours or so, smashing its previous record and charting a new one...

Walmart completes its $2.3 billion purchase of Vizio

Vizio is now a member of the Walmart corporate empire. The retail company announced the completion of its $2.3 billion acquisition of the TV...

Top Crypto Gainers Today on DEXScreener – CHAOS, SLAP, RIZZMAS

Major crypto markets are choppy on Tuesday, but the signs that alt-coin season continues to heat up remain unmistakable, with traders rushing to the...

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!