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China adviser warns chipmaking export curbs are just a start , ahead of Yellen s visit

China's export controls on metals used in making semiconductors are "just a start", an influential Chinese trade policy adviser said on Wednesday, as it ramps up a tech fight with the U.S. days before U.S. Treasury Secretary Janet Yellen visits Beijing. Shares in some Chinese metals companies rallied for a second session, with investors betting that higher prices on gallium and germanium, which Beijing's export restrictions target, could boost revenues.

China stocks close down on slow services activity expansion, Sino-US tensions

Chinese stocks ended lower on Wednesday after a private-sector survey showed the country s services activity expanded at the slowest pace in five months in June, while escalating Sino-U.S. tensions.

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