Chinese companies have stopped supplying sand to the island of Taiwan.

APA reports that the Ministry of Commerce of China released information about this.

Officials say this was done in accordance with existing legal regulations.

Natural sand is widely used in concrete production, road construction, construction of buildings and infrastructure facilities, as well as glass production.

In turn, the Chinese customs reported the suspension of the import of citrus fruits and two types of fish products from Taiwan.

Experts explain these actions with the increase in geopolitical tension caused by the visit of the speaker of the House of Representatives of the US Congress, Nancy Pelosi, to the island.

But what investors fear most is the future imposition of restrictions that will affect the production of microprocessors in Taiwan.

In addition, China may stop building a lithium-ion battery manufacturing plant.