Global Chip Industry Faces Trade Tensions and Increased Spending
TL;DR Summary
China has called on the World Trade Organization to investigate the US-led technology export restrictions aimed at limiting China's ability to make advanced chips. Chinese representatives have urged the WTO to step up supervision on the matter and have asked Japan, the Netherlands, and the US to report their plans and subsequent measures to the body. China has accused the US of being a "tech hegemony" and has called on the Netherlands not to follow its lead.
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- Japan to increase chip-gear spending by 82%, higher than any nation Fox Business
- US-Japan Alliance to Do ‘Great Harm’ to China’s Chip Ambitions Yahoo Finance
- China urges stronger WTO monitoring of US-led chip export curbs Reuters
- Japan to urge greater scrutiny over human rights with new checklist Nikkei Asia
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