Japan joins US-led effort to restrict China's access to chipmaking equipment

Japan is officially moving forward with restrictions aimed at limiting China’s access to advanced chipmaking machinery. As CNN reports, the country announced Friday it would tighten export controls on 23 types of semiconductor manufacturing equipment. Once the new rules take effect in July, companies like Nikon and Tokyo Electron will need to obtain approval from Japan’s trade ministry if they want to sell their tools in some 160 territories across the world. A Japanese government spokesperson told CNN the restrictions aren’t designed to target a specific nation. However, Japan’s east asian rival is among the nations on the restricted list.