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China announces export ban of gallium, germanium, antimony to US

China’s Commerce Ministry announced on Tuesday that they will ban exports of dual-use items related to gallium, germanium, antimony and superhard materials to the United States (US) with immediate effect.

This comes a day after the latest crackdown on China's chip sector by US President Joe Biden's administration.

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Room for the Australian Dollar (AUD) to retest the 0.6440 support before a more sustained rebound can be expected.
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