China announced additional restrictions on its exports of graphiteessential component for the manufacture of batteries for electric vehicleswhich appears to respond to recent US measures on electronic chips.
Washington announced this week a series of new export restrictions to China of semiconductors and machinery for their manufacturing.
These measures taken in the name of the “National security” They aim to limit Chinese companies’ access to this equipment.
He graphite It is used in particular to make lithium ion batteries. lithium for mobile phones and electric vehicles.
China Last year it represented 65% of world production, according to the Institute of Geological Studies of USA.
Products affected by export restrictions in China They are materials based on graphite of high purity, high strength and high density, as well as natural graphite.
For several months, the United States has tried to limit Beijing’s access to the most advanced technologies. For its part, the Asian giant considers that this policy is contrary to the rules of international trade.
China announced in July that some products containing gallium and germanium, essential raw materials for chip manufacturing, would be subject to stricter export controls.
Under new measures announced Friday, Chinese exporters will now have to apply for permits to sell certain types of graphite to foreign customers.
Global consumption of graphite increase due to continued growth in demand for electric vehicles and batteries for its operation.
Source: Gestion
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