Xi Urges Open Supply Chains After Curb on Key Metal Exports
- China just moved to limit shipments of chipmaking materials
- US has made several moves to restrict China’s tech ambitions
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Chinese leader Xi Jinping called on nations to spurn decoupling and the cutting of supply chains, one day after his nation imposed limits on exports of two key metals used to make chips to counter Western restrictions on Beijing.
The world’s No. 2 economy wants to work with nations to “reject the moves of setting up barriers, decoupling and severing supply chains,” Xi said in a virtual speech to Shanghai Cooperation Organization leaders.