China Uses US Trade Playbook to Counter Rare Earths Restrictions

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Source: AP News
China Uses US Trade Playbook to Counter Rare Earths Restrictions
Photo: AP News
TL;DR

China has implemented new export controls on rare earths, requiring foreign firms to obtain approval for exporting magnets containing Chinese-origin materials, mirroring US trade practices and strategies in a broader trade war context, as Beijing adopts tools similar to those used by Washington to restrict access to technology and retaliate against US measures.

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