Beijing is furious with the Biden administration mulling over a broader semiconductor chip export ban and, in response, decided last week to announce export restrictions on two metals, gallium and germanium, which are heavily imported by Western countries for semiconductor production. The timing of the announcement is one to ponder about. It came days before US Treasury Secretary Janet Yellen's China visit on Thursday. It appears Chinese officials are playing a complex game of chess with the Biden administration as their dominance over rare…
