China Launches Anti-Dumping Probe Against Japan Over Key Chip-Making Chemical [zero hedge]
LYNAS RARE EARTHS S/ADR (LYSDY)
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Source: zero hedge
China Launches Anti-Dumping Probe Against Japan Over Key Chip-Making Chemical The China-Japan spat now seems to be accelerating by the day, with Tokyo warning in the aftermath of Tuesday's dual use export curb announcement by China's commerce ministry that the fresh action could "impact more than 40% of Chinese exports to Japan" - according to Bloomberg . In unveiling its fresh punitive measures Tuesday, marking a serious escalation, a Chinese government spokesperson railed against Japanese Prime Minister Sanae Takaichi's "erroneous" comments from last November where she suggested her forces could defend Taiwan in a future invasion by China. "These comments constitute a crude interference in China’s internal affairs, seriously violate the one-China principle and are extremely harmful in nature and impact," the statement said, followed by a warning that any entity or individual which violates the export ban will be held legally accountable. These new controls on 'military-civilian' dua
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