Caixin
Apr 14, 2023 08:47 PM
BUSINESS

In Depth: Why China’s Chip Industry Still Holds Sway Despite Export Curbs

Chinese Foreign Minister Qin Gang warned Japan “do not do unto others what you don’t want done unto you,” after Tokyo’s decision to curb exports of semiconductor gear, joining a U.S.-led pact to limit access for Chinese companies to cutting-edge chip technology.

Qin made the comment during a meeting with his Japanese counterpart Yoshimasa Hayashi in Beijing on April 2, according to a statement on China’s foreign ministry website. The pair met two days after Japan announced that it would impose export restrictions on 23 types of equipment used to make semiconductors.

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