China enforces anti-dumping on Japanese chemicals
China has imposed anti-dumping measures on imports of Japanese dichlorosilane used in electronic chip manufacturing, requiring importers to pay deposits of up to 99.2% after an investigation found significant harm to the domestic industry. The decision led to a 10% rise in Tangshan Sunfar's shares on the Chinese market and a 1.5% decline in the shares of Japanese company Shin-Etsu Chemical. Meanwhile, South Korea increased its share of China's imports of the chemical, now holding over half of the imports, with Japanese shipments valued at approximately $2.6 million in July. This move is part of a diplomatic dispute between Beijing and Tokyo and aims to protect local technological supply chains.
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