China suspends rare-earth export control measures, easing key flashpoint in US-China trade war — one-year reprieve allows for trade talks with the U.S. to continue

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Beijing just announced that it will suspend the expanded rare-earth export controls it announced in early October. The Chinese Ministry of Commerce (MOFCOM) and the General Administration of Customs said that it will delay its implementation for a year, according to a report from Digitimes. The original expanded rule covers China-sourced rare-earth minerals, as well as any technology in which these materials account for at least 0.1% of the item’s value.

The suspension will give companies that rely…



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China suspends rare-earth export control measures, easing key flashpoint in US-China trade war — one-year reprieve allows for trade talks with the U.S. to continue


Beijing just announced that it will suspend the expanded rare-earth export controls it announced in early October. The Chinese Ministry of Commerce (MOFCOM) and the General Administration of Customs said that it will delay its implementation for a year, according to a report from Digitimes. The original expanded rule covers China-sourced rare-earth minerals, as well as any technology in which these materials account for at least 0.1% of the item’s value.

The suspension will give companies that rely…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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