Curb on graphite export: China’s tech war with US intensifies

China has announced its intention to control the export of graphite, a key material for electric car batteries, citing national security concerns. This move comes in response to recent restrictions imposed by the United States on semiconductor sales to Chinese firms. The global demand for graphite used in batteries has increased by 250% since 2018, with China being the top producer, contributing to 65% of global production.