Japan's proposed export curbs will impact normal trade, China says
The export controls proposed by Japan related to semiconductors will seriously affect normal trade between Chinese and Japanese enterprises, China's commerce ministry said on Monday. China urged Japan to rectify what it called "erroneous practices", saying the move would undermine the stability of the global supply chain. The ministry said China will take necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises.
- Country:
- China
The export controls proposed by Japan related to semiconductors will seriously affect normal trade between Chinese and Japanese enterprises, China's commerce ministry said on Monday. China urged Japan to rectify what it called "erroneous practices", saying the move would undermine the stability of the global supply chain.
The ministry said China will take necessary measures to firmly safeguard the legitimate rights and interests of Chinese enterprises. Japan proposed last week to require companies to notify the government before exporting advanced materials and equipment that could be used for military applications, Nikkei reported.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
Wisdom Capital: Trailblazing Fintech Revolution with Pioneering Solutions and Unwavering Trader Focus
UN experts call to adopt treaty prohibiting the trade, manufacture
INSIGHT-Germany's struggle to clean up its supply chains has lessons for Europe
Chinese President Xi on six-day visit to Europe amid trade tensions with EU
U.S., allies press UAE over Russia trade, sanctions