China, rare earths and export controls
Digest more
The only scenario in which China might deregulate its critical minerals export is if the U.S. fully removes tariffs imposed on Chinese goods as part of the trade war, said Wang Yiwei, a professor of international affairs at Renmin University, echoing the Chinese government’s earlier stance.
China’s grip on a handful of exotic metals has kept U.S. automakers on edge. The metals (dysprosium, terbium and samarium) are used in
China will continue to strengthen the examination and approval process for rare earths export applications, a Chinese commerce ministry spokesperson said on Thursday.