Race Against Time as China Chip Shop Before Chip Chop
Beijing bought production tools worth a whopping $5bn in June and July this year, almost 70% more than the same period in 2022, customs data shows. (Financial Times)
🇯🇵’s restrictions came into effect on July 23, while Holland - the other major supplier to China - will restrict sales from Sept 1.
The revised guidelines require buyers to secure licences from the Japanese and Dutch govts in a bid to slow down China’s tech growth.
Follow @RT_India_official
Beijing bought production tools worth a whopping $5bn in June and July this year, almost 70% more than the same period in 2022, customs data shows. (Financial Times)
🇯🇵’s restrictions came into effect on July 23, while Holland - the other major supplier to China - will restrict sales from Sept 1.
The revised guidelines require buyers to secure licences from the Japanese and Dutch govts in a bid to slow down China’s tech growth.
Follow @RT_India_official