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Free AccessChina Raises Export Control Concerns With WTO
Finbarr Bermingham at the SCMP reports that China has, "raised US, Japan and Dutch potential semiconductor export restrictions at the WTO."
- Bermingham tweets: "[China] says the agreement has been 'widely exposed in the media' and asked if there is an agreement in place, and whether the WTO would be notified, per Geneva trade source."
- "The EU said the issue seems to concern Dutch planned export controls, which a) don't yet exist b) fall under EU dual use-export control framework, where members can use national export controls based on security interests."
- "China already initiated a WTO dispute against the US over chip export restrictions last December. It has warned [the Netherlands] will face consequences if it follows suit. The Netherlands said on March 8 it would restrict some high-end semiconductor machinery exports."
- The WTO released a statement in December '22: "China has requested WTO dispute consultations with the United States, challenging US export control and related measures [on products and services] destined for or otherwise related to China."
- G7 trade ministers met to discuss export controls and WTO reform earlier today: Bullet 17:28 BST
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.