China's export stop: A new blow in the technology conflict with the USA!

China's export stop: A new blow in the technology conflict with the USA!

In a dramatic turn in the trade war between the United States and China, Beijing announced on Tuesday to ban the export of important rare minerals, including Gallium, Germanium and antimony, to the United States. This decision follows the recently tightened measures by the bidges, which significantly restricted China's access to advanced American technology. As the vienna.at , China justifies the procedure with national security interests, since these materials are used in military applications.

China dominated the gallium and Germanium market with a market share of around 90 percent and 80 percent. According to the association of German engineers (VDI), no Chinese exports of these raw materials were recorded in the USA by the end of October 2024, although the United States are one of the largest markets for these minerals. This has far -reaching consequences because the prices for these critical resources are expected to increase and the technological ambitions of the American chip industry endanger. In addition, the exports of antimon products broke up by 97 percent in October, which is due to the new export restrictions, as the

technological tensions increase