China to restrict export of Gallium and Germanium
China restrictions on Gallium and Germanium materials hint at a strategy to secure semiconductor supply chains addressing electrification, military applications and AI dominance. The country thus retaliates to recent restrictions from the US. These measures are in our view unlikely to meaningfully
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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