China Retaliates with Export Ban on Key Minerals Amid US Chip Sanctions

China has announced a ban on exports to the United States of key high-tech materials like gallium, germanium, and antimony, in retaliation to U.S. semiconductor export controls. This move follows the U.S. expanding its list of Chinese companies subject to export restrictions on chip-making equipment and technology. The Chinese Foreign Ministry criticized the U.S. for its measures, which they view as an abuse of national security concepts and unilateral sanctions. These materials are crucial for various technologies, including military applications, and China's restrictions could impact global supply chains.