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Korea looking windy on China chip restrictions

May 30, 2023

Early last week, China’s Commerce Minister Wang Wentao, after a meeting m Korean Trade Minister Ahn Duk-geun, said the two countries had agreed to strengthen dialogue and cooperation on semiconductor industry supply chains.

However, a Korean government statement on the meeting did not mention chips. It said it had asked China to stabilise the supply of raw materials, and for a predictable business environment for Korean companies.

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