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China restrictis export of Gallium and Germanium needed for chips; what are they and which countries are producers? (www.reuters.com)

submitted 1 year ago by HowRu68@lemmy.world to c/worldnews@lemmy.ml

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July 4 (Reuters) - China has announced export restrictions on some gallium and germanium products, metals used in computer chips and other products, citing national security interests.

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[–] garwalut@sh.itjust.works 21 points 1 year ago

Here’s the thing about resource based export bans: prices will go up and as a result new producers/mines will enter the market. In time, new alternatives will be found, cost of production will go down, and china will loose its comparative advantage permanently.