China Threatens Japan Over New Chip Curbs

- China warns Japan of severe economic retaliation if Tokyo restricts chipmaking equipment sales to Chinese firms. - Toyota fears Beijing could cut access to critical minerals essential for automotive production. - US pressures Japan to align with new rules, complicating semiconductor progress. - Japan's chip-related stocks fall amid the clash, with Tokyo Electron and others affected. - US aims for a diplomatic solution but considers using the foreign direct product rule if necessary. Source: [Bloomberg](https://www.bloomberg.com/news/articles/2024-09-02/china-warns-japan-of-retaliation-over-potential-new-chip-curbs)