Sept 2 (Reuters) - China has warned severe economic
retaliation against Japan if it further restricts sales and
servicing of chipmaking equipment to Chinese firms, Bloomberg
News reported on Monday, citing people familiar with the matter.
Toyota Motor ( TM ) privately told Japanese officials that
Beijing could react to the curbs by cutting Japan's access to
minerals required for automotive production, the report said.
Several Chinese officials had repeatedly outlined the
position with their Japanese counterparts in recent meetings,
the report added.
Toyota ( TM ) and the Chinese foreign ministry did not immediately
respond to Reuters' requests for comment.
Japan began restricting exports of 23 types of semiconductor
manufacturing equipment, aligning its technology trade controls
with a U.S. push to curb China's ability to make advanced chips
in July.