China Uses US Trade Playbook to Counter Rare Earths Restrictions
TL;DR Summary
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.
- To hit back at the United States in their trade war, China borrows from the US playbook AP News
- China Played Its Strongest Card to Get Trump’s Attention. Will it Work? The New York Times
- A Stock Trader’s Guide to Navigating China’s Curb on Rare Earths Bloomberg.com
- China blames US for global panic over rare earths controls Reuters
- China has found Trump's pain point - rare earths BBC
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