net_left Kdata Phương Thức Thanh Toán
Phương Thức Thanh Toán

Analysis-Why the U.S. needs Japan's help on China chips restrictions

By Michael Martina and David Brunnstrom WASHINGTON (Reuters) - When the Biden administration unveiled aggressive export controls in October aimed at blocking China from becoming a...
Analysis-Why the U.S. needs Japan's help on China chips restrictions © Reuters. FILE PHOTO: U.S. Vice President Kamala Harris and Japan's Prime Minister Fumio Kishida shake hands at the Akasaka Palace state guest house in Tokyo, Japan, September 26, 2022.REUTERS/Leah Millis/Pool/File Photo

By Michael Martina and David Brunnstrom

WASHINGTON (Reuters) - When the Biden administration unveiled aggressive export controls in October aimed at blocking China from becoming a global leader in advanced semiconductors it was missing a key ingredient: agreement from U.S. allies to impose their own matching restrictions.

Persuading Japan to join the U.S. effort, which limits Chinese access to U.S. chipmaking technology and cuts China off from certain semiconductor chips made anywhere in the world, will be high on U.S. President Joe Biden's to-do list when he meets with Japanese Prime Minister Fumio Kishida in Washington on Friday.

American officials, touting an ever-closer strategic alignment with Japan, are praising Tokyo's plan for the biggest Japanese military buildup since World War Two as rivalry with China in the region grows.

But while Japan is broadly in-line with the goals of the Biden administration's expanded U.S. export controls, Kishida's government has been vague about the extent to which it will join in.

Speaking in Washington last week, Japan's minister of Economy, Trade and Industry, Yasutoshi Nishimura, promised to work more closely with Washington on export controls, although he did not say whether Tokyo would match sweeping U.S. restrictions.

The hesitation is understandable - Japan is a top producer of the specialized tooling equipment needed to manufacture advanced chips and its companies hold 27% of global market share, according to the Semiconductor Industry Association. Tokyo Electron, Japan's leading chip manufacturing equipment maker, relies on China for about a quarter of its revenue.

The other top producers of chip-making gear are the United States and the Netherlands, home to ASML, another of the world's biggest makers of chip-making tools.

SEEKING A DEAL

U.S. officials are quick to play down the differences between the United States, Japan and other allies.

"I think there's a very, very similar vision of the challenges," a senior U.S. administration official told Reuters on Wednesday, adding that Japanese export restrictions may not be exactly the same as the U.S. controls.

"But I don't think the Japanese question the basic premise that we need to be working closely together on this."

A U.S. Commerce Department official said in October he expected a deal with allies in the near term.

Netherlands Prime Minister Mark Rutte will travel to Washington to meet Biden on Tuesday and discuss "cooperation on critical technologies and shared vision for a free and open Indo-Pacific," the White House said on Thursday.

Still, said Daniel Russel, a former top U.S. diplomat for Asia, a gap remains between the U.S. and Japanese positions.

"Kishida wants the U.S. to take a Goldilocks approach that is tough enough to deter Chinese assertiveness, but cautious enough to allow Japan's business interests to thrive," he said.

Behind the U.S. drive for high-tech export controls is rising alarm about China's military buildup and its effort to outpace the United States in technologies such as artificial intelligence and quantum computing.

Fearing that this will yield a military edge for an increasingly assertive China, U.S. officials hope that keeping the most sophisticated chips - and the tools needed to make them - out of China's hands will slow the country's progress on advanced technologies.

But unless Japan and the Netherlands impose their own export controls, China will soon perfect other ways of getting the equipment it needs, even as American companies stand to lose market share.

A U.S. deal with the Netherlands could also be within reach. One toolmaking industry executive familiar with that country's sector said that if the Dutch government imposed similar export controls on its industry, ASML would probably not suffer a severe impact due to its extensive network of customers beyond China.

If U.S. diplomacy succeeds, its policies could have the intended impact, argues Chris Miller, author of "Chip War" and an associate professor at Tufts University.

With Japan on board, particularly in terms of chip manufacturing tools, the United States could put up "a really large number of road blocks to China's ability to advance its own domestic chipmaking," Miller said.

That would have knock-on effects for Beijing's other tech ambitions, including in artificial intelligence.

Japanese companies can make up for lost China business by expanding elsewhere, such as Southeast Asia, a chip industry source familiar with internal discussions about export restrictions said.

"For better or worse, Japan's semiconductor strategy is moving in accordance with what the United States wants."

Hot Auto Trade Bot Phương Thức Thanh Toán
BROKERS ĐƯỢC CẤP PHÉP
net_home_top Ai VIF
21-02-2024 04:59:10 (UTC+7)

EUR/USD

1.0807

+0.0031 (+0.28%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (5)

Sell (1)

EUR/USD

1.0807

+0.0031 (+0.28%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (5)

Sell (1)

GBP/USD

1.2622

+0.0029 (+0.23%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (6)

Sell (0)

USD/JPY

150.01

-0.10 (-0.07%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (4)

AUD/USD

0.6549

+0.0012 (+0.18%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (0)

Sell (5)

USD/CAD

1.3524

+0.0036 (+0.26%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (4)

EUR/JPY

162.12

+0.28 (+0.17%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (5)

Sell (1)

EUR/CHF

0.9532

+0.0019 (+0.20%)

Summary

Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (0)

Gold Futures

2,035.85

+11.75 (+0.58%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (9)

Sell (0)

Silver Futures

23.047

-0.428 (-1.82%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (6)

Sell (1)

Copper Futures

3.8578

+0.0193 (+0.50%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (2)

Crude Oil WTI Futures

77.20

-1.26 (-1.61%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (5)

Sell (0)

Brent Oil Futures

82.50

-1.06 (-1.27%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (4)

Sell (3)

Natural Gas Futures

1.708

+0.099 (+6.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

US Coffee C Futures

188.03

+1.33 (+0.71%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Euro Stoxx 50

4,759.75

-3.32 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (8)

S&P 500

4,975.51

-30.06 (-0.60%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

DAX

17,068.43

-23.83 (-0.14%)

Summary

Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (5)

FTSE 100

7,719.21

-9.29 (-0.12%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

Hang Seng

16,247.51

+91.90 (+0.57%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

US Small Cap 2000

2,003.65

-29.09 (-1.43%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

IBEX 35

10,038.20

+93.40 (+0.94%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (0)

Sell (5)

BASF SE NA O.N.

46.045

+0.270 (+0.59%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (8)

Bayer AG NA

28.77

-0.14 (-0.47%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (3)

Sell (3)

Allianz SE VNA O.N.

249.40

+0.75 (+0.30%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

Adidas AG

181.12

+1.40 (+0.78%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (9)

Sell (1)

Deutsche Lufthansa AG

7.339

+0.002 (+0.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Siemens AG Class N

168.72

-0.86 (-0.51%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (3)

Sell (5)

Deutsche Bank AG

11.954

-0.042 (-0.35%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (9)

    EUR/USD 1.0807 Neutral  
    GBP/USD 1.2622 ↑ Buy  
    USD/JPY 150.01 Sell  
    AUD/USD 0.6549 Neutral  
    USD/CAD 1.3524 ↑ Sell  
    EUR/JPY 162.12 Buy  
    EUR/CHF 0.9532 Buy  
    Gold 2,035.85 ↑ Buy  
    Silver 23.047 ↑ Buy  
    Copper 3.8578 ↑ Buy  
    Crude Oil WTI 77.20 Buy  
    Brent Oil 82.50 Neutral  
    Natural Gas 1.708 ↑ Buy  
    US Coffee C 188.03 ↑ Buy  
    Euro Stoxx 50 4,759.75 ↑ Sell  
    S&P 500 4,975.51 ↑ Buy  
    DAX 17,068.43 Sell  
    FTSE 100 7,719.21 ↑ Buy  
    Hang Seng 16,247.51 ↑ Buy  
    Small Cap 2000 2,003.65 ↑ Buy  
    IBEX 35 10,038.20 Sell  
    BASF 46.045 ↑ Sell  
    Bayer 28.77 Neutral  
    Allianz 249.40 Sell  
    Adidas 181.12 ↑ Buy  
    Lufthansa 7.339 ↑ Buy  
    Siemens AG 168.72 Neutral  
    Deutsche Bank AG 11.954 ↑ Sell  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,550/ 7,750
(0/ 0) # 1,719
SJC HCM7,590/ 7,820
(0/ 0) # 1,791
SJC Hanoi7,590/ 7,822
(0/ 0) # 1,793
SJC Danang7,590/ 7,822
(0/ 0) # 1,793
SJC Nhatrang7,590/ 7,822
(0/ 0) # 1,793
SJC Cantho7,590/ 7,822
(0/ 0) # 1,793
Cập nhật 21-02-2024 04:59:12
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,024.04 +7.6 0.38%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩm Vùng 1 Vùng 2
RON 95-V24.95025.440
RON 95-III24.16024.640
E5 RON 92-II22.91023.360
DO 0.05S20.99021.400
DO 0,001S-V21.97022.400
Dầu hỏa 2-K20.92021.330
ↂ Giá dầu thô thế giới
WTI $77.10 +3.3 0.04%
Brent $81.80 +3.09 0.04%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.330,0024.700,00
EUR25.749,4127.162,78
GBP30.096,3731.377,38
JPY158,38167,64
KRW15,8619,23
Cập nhật lúc 18:53:37 20/02/2024
Xem bảng tỷ giá hối đoái
Phương Thức Thanh Toán