China claims U.S. exaggerates extent of export controls affecting semiconductors

U.S. Trade Representative Jamieson Greer has exaggerated the scope of China’s latest export controls, a Chinese Ministry of Commerce official said Oct. 16, defending Beijing’s licensing requirements on rare earth elements and related technologies, Inside U.S. Trade reported.

Greer on Oct. 15 claimed that China’s new controls would have far-reaching effects and require export licenses for practically any product that contains a semiconductor. The controls include provisions that subject goods manufactured in third countries to export licensing requirements if...