Germany in Talks to Limit Export of Chip Chemicals to China
- The move could affect German companies including Merck, BASF
- Chancellor Scholz has been striking a harder line on China
Railway tankers stacked at the BASF SE chemical plant in Ludwigshafen, Germany.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
Germany is in talks to limit the export of chemicals to China that are used to manufacture semiconductors as Berlin steps up efforts to reduce its economic exposure to the Asian nation.
The proposal is part of a package of measures that Chancellor Olaf Scholz’s government is discussing that would cut off China’s access to goods and services needed for the production of advanced semiconductors, according to people familiar with the matter.