China tightens rare earth export controls, targets defence, semiconductor users

China tightens rare earth export controls, targets defence, semiconductor users

BEIJING (Reuters) -China tightened its rare earth export controls on Thursday, expanding restrictions on processing technology, unauthorised overseas cooperation and spelling out its intention to limit exports to overseas defence and semiconductor users. Exports of technology used to mine and process rare earths or make the associated magnets is barred without permission, the Ministry of…

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ASML to build reuse-and-repair centre in Beijing despite US-China tech tensions

ASML to build reuse-and-repair centre in Beijing despite US-China tech tensions

ASML Holding, the world’s top supplier of advanced chipmaking equipment caught in the US-China tech rivalry, will build a “reuse and repair” centre in Beijing this year, showing its commitment to the world’s second-largest economy despite pressure from Washington. The Dutch firm, which has been unable to sell its extreme ultraviolet lithography systems to its…

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