A day after Japan's new rules regarding exports of select wafer fab tools to China went into effect, the People's Republic issued a statement how frustrated it was with the move. A representative from the Chinese Foreign Ministry declared that this move appeared to be directly targeting China, and highlighted potential negative effects, including harm to businesses and disruption to the worldwide supply chain.
"China deeply regrets and is dissatisfied with the move, and it has made solemn representations to Japan at different levels," said Mao Ning, a spokesperson for the Chinese Foreign Ministry, according to a report by Nikkei. "We will closely monitor the impact of the regulatory policy and resolutely safeguard our own interests."
