China’s chip imports see biggest drop in 2022 amid US restrictions, weak demand

TL;DR

A combination of fresh export controls from the US and a downturn in the chip industry are weighing on China’s integrated circuit imports and exports.Photo: ShutterstockChina’s chip imports see biggest drop in 2022 with accelerated decline in October amid US restrictions and weak demand- China’s chip imports were down 13.2 per cent from January to October, accelerating from the decline in the first nine months- China’s chip exports were also down as the country grapples with fresh US restrictions and the semiconductor industry faces a slumpA combination of fresh export controls from the US and a downturn in the chip industry are weighing on China’s integrated circuit imports and exports.Photo: Shutterstock"

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