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China Frustrated with Japan’s New Export Rules Against Chip Sector

A day after Japan’s new rules on the export of some wafer fabrication tools to China came into effect, the People’s Republic issued a statement how displeased it was with the move. A representative from China’s foreign ministry declared that the measures appeared to target China directly and highlighted the potential negative effects, including damage to businesses and disruptions to global supply chains.

China’s foreign ministry spokesman Mao Ning said, “China is deeply regretful and dissatisfied with this move, and has made solemn statements to Japan at various levels.” Nikkei newspaper. “We will closely monitor the impact of regulatory policies and resolutely protect our own interests.”

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