China retaliates for new U.S. controls with ban on key minerals

In response to new U.S. export controls that will limit China’s access to semiconductor manufacturing equipment, Beijing on Tuesday announced a ban on several minerals essential to semiconductor, communications and military technologies, as well as a prohibition on exports of dual-use items to U.S. military end users. On Monday, the U.S. expanded its export controls to block exports of equipment used to manufacture advanced-node integrated circuits to China, including foreign-made equipment that contain U.S. content or was the product of...