NORGES: RATES PROBABLY AT CURRENT LEVEL QUITE SOME TIME

RATES MAY NEED TO BE ON HOLD LONGER THAN ENVISIONED: NORGES

MNI: NORGES BANK LEAVES RATES UNCHANGED AT 4.50%

MNI WATCH: CNB Seen Cutting 50Bps to 5.25%, Signal Slower Pace

MNI China Daily Summary: Tuesday, April 30

MNI BRIEF: China To Keep Tackling Risks In Real Estate, Debts

Machine Orders Data Points To Slow And Gradual Recovery

Unemployment Steady; Projected to Rise Gradually

MNI: EUROZONE MAR UNEMPLOYMENT RATE 6.5%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

China To Restrict Gallium And Germanium Exports

US-CHINA

MNI London: The Wall Street Journal has reported that China is set to introduce measures to restrict the export of two critical minerals, gallium and germanium, critical to the production of semiconductors, 5G base stations and solar panels on August 1.

  • WSJ reports that "industry executives" see the move, "as retaliation for restrictions by the U.S. and others on sales of high-end chips and chip-making equipment to China."
  • According to the WSJ, China’s Ministry of Commerce said in a brief statement that measures were designed to “safeguard national security and interest,” adding that "exporters of the two metals will need to apply for licenses and report details of the overseas buyers to the ministry if they want to ship them out of the country."
  • CIA Director William Burns said over that weekend that the US should continue to "sensibly de-risk" from China to protect the US' "technological edge" and offset the risk of dependency on China for critical minerals and technologies."
Metals bulletEM BulletFixed Income BulletsHomepagePolitical Market NewsCommodities Market NewsPolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsBulletMarketsEmerging Market NewsForeign Exchange BulletsUS
Metals bulletEM BulletFixed Income BulletsHomepagePolitical Market NewsCommodities Market NewsPolitical RiskCommoditiesPolitical Risk BulletEnergy BulletsBulletMarketsEmerging Market NewsForeign Exchange BulletsUS

To read the full story

Close

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.