ICYMI: China warns of severe economic retaliation against Japan re chipmaking curbs ...Middle East

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ICYMI: China warns of severe economic retaliation against Japan re chipmaking curbs
Bloomberg carried the report overnight. Bloomberg is gated, but in brief.In July, Japan started restricting exports of 23 types of semiconductor manufacturing equipment, aligning with U.S. efforts to limit China's ability to produce advanced chips. China has responded by warning Japan of significant economic consequences if Japan further limits the sales and servicing of chipmaking equipment to Chinese companies.Toyota Motor privately informed Japanese officials that China might retaliate by restricting Japan's access to minerals necessary for car manufacturing.Chinese officials have repeatedly communicated this stance to their Japanese counterparts in recent meetings.China's foreign ministr

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