Germany fears expansion of Chinese export control would be problematic

WorldBusiness & Finance
4 Jul 2023 • 10:14 PM MYT
Malay Mail
Malay Mail

Latest Malaysia breaking stories on politics, analysis and opinions

image is not available

BERLIN, July 4 — Germany must achieve a certain level of sovereignty in commodities and energy production to reach economic security, Economy Minister Robert Habeck said today, adding that a broadening of China’s export controls would be problematic.

“China is now really starting to get serious about two materials. If that also happens with lithium or something like that, then we really have a different problem,” Habeck said at an event organised by the mining, chemical and energy industrial union in Berlin.

China announced yesterday it would control exports of some metals widely used in the semiconductor industry, the latest salvo in an escalating war over access to high-tech microchips between Beijing and the United States. — Reuters

Newswav Malaysia Best News App

Newswav is an online content aggregator and obtains its content from different online sources. The content in the app do not belong to Newswav nor do they reflect the opinions of Newswav and its staff. Your use of this app indicates your understanding and acceptance of this information.

Newswav Sdn. Bhd. (201701008480 (1222645-M)) 2026 All Rights Reserved