China's move to restrict the exports of two metals crucial for making some types of semiconductors and electric vehicles is a warning that China will not be passively squeezed out of the global chips supply chain, the Global Times said.
A central processing unit semiconductor chip is displayed among flags of China and U.S., in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photoof two metals crucial for making some types of semiconductors and electric vehicles is a warning that China will not be passively squeezed out of the global chips supply chain, the Global Times said.
It also argued that China had for years exploited its own rare earth resources at the expense of the environment to supply the global semiconductor industry. "There's no reason for China to continue exhausting its own mineral resources, only to be blocked from pursuing technological development...," it said.
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