FRANKFURT : Germany may limit the export of chemicals to China that are used to manufacture semiconductors as part of the government's efforts to reduce its economic exposure to the Asian economic superpower, Bloomberg news reported on Thursday. The move was still in the early stages of discussion but off
FRANKFURT : Germany may limit the export of chemicals to China that are used to manufacture semiconductors as part of the government's efforts to reduce its economic exposure to the Asian economic superpower, Bloomberg news reported on Thursday.
It would be the latest in steps under consideration by Germany as it reassesses ties with China. Chancellor Olaf Scholz's coalition government is pressing for fairer market access to its largest trading partner but is also increasingly wary of Beijing as a strategic rival. The government in the Netherlands, home to semiconductor equipment makers ASM International and ASML Holding, last month laid out plans to further restrict exports of semiconductor technology to protect national security, joining the U.S. effort to curb chip exports to China.
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