What people are saying about China's chipmaking export controls
(Reuters) — China will control exports of some metals used in the semiconductor industry, ramping up a technology war with the United States and potentially causing more disruption to global supply chains.
Here's what people are saying about the measure:
KAZUMA KISHIKAWA, ECONOMIST AT DAIWA INSTITUTE OF RESEARCH:
«From what I've seen, they haven't narrowed down the countries targeted by the export restrictions, but since Japan, the U.S., and the Netherlands will naturally be included, I think it's fair to say that this is a de facto retaliatory measure.»
PETER ARKELL, CHAIRMAN OF GLOBAL MINING ASSOCIATION OF CHINA:
«It hardly comes as a surprise that China would respond to the American-led campaign to restrict China's access to microchips. With roughly 90% of global production of these minor metals, China has hit the American trade restrictions where it hurts. It seems to be a pretty fundamental trade negotiation tactic.
»Gallium and germanium are just a couple of the minor metals that are so important for the range of tech products and China is the dominant producer of most of these metals. It is a fantasy to suggest that another country can replace China in the short or even medium term."
STEWART RANDALL AT SHANGHAI-BASED CONSULTANCY INTRALINK:
«Chinese suppliers would lose customers, and in the short term it would cause supply issues if China did actually deny exports.
»To me it doesn't seem as much of a chokepoint because there's no difficult technological blocker. It is a logistical supply chain blocker of finding new raw materials suppliers."
MANAGER AT A CHINA-BASED GERMANIUM PRODUCER, WHO DECLINED TO BE NAMED DUE TO THE SENSITIVITY OF THE MATTER:
«The number of enquiries from abroad surged overnight
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