Japan Lost $10 Billion! 2023 Japan’s Chip Sanctions Against China Will Come Into Force #japan #chip

#japan #chip #usa #netherlands #china #chinanews With the rapid development of China’s chip industry, it has also become a threat to some developed countries. In recent years, the United States has continuously escalated its chip sanctions against China, and another Asian economic power, Japan, has also joined the ranks of the sanctions. In May 2023, Japan strengthened measures to jointly sanction China’s chip industry with the United States, and officially promulgated the “tripartite agreement“ policy. The aim is to jointly restrict the export of 23 types of semiconductor equipment to China’s semiconductor industry. As of July 23, Japan’s export restrictions on semiconductor manufacturing equipment came into effect. This means that if Japan’s high-end chip production equipment wants to be exported to China, it must go through a strict approval process, which will undoubtedly bring huge losses to China’s semiconductor industry. At the same time, Japan’s wrong decision will also cause it to face a huge loss of 10 billion US dollars. In today’s video, we will discuss what Japan’s chip ban means for China? And how will China respond to this challenge? --------------------------------------------------------------------- If you want to know about a brand new China, please subscribe to the [REAL CHINA] channel, we will show you a real China, there are many major events happening in China, and those incredible Chinese projects. Trust me, it will be an eye-opener for you.