publications
China Flexes Its Rare-Earth Muscle—Again
Key takeaways
- Get audio access with any FP subscription.
- U.S.-China trade tensions heated up again on Monday after Beijing issued export controls against a raft of U.S.
- Defense Department’s recent decision to add about two dozen Chinese businesses—including carmaker BYD, Alibaba Group, and Baidu—to a list of companies that Washington says are aiding the Chinese military.
Get audio access with any FP subscription.
U.S.-China trade tensions heated up again on Monday after Beijing issued export controls against a raft of U.S. firms, including two prominent rare-earth companies that Washington has championed in its bid for critical mineral security.
China’s Commerce Ministry will now prohibit Chinese companies from exporting “dual-use” items to 10 U.S. firms it says are linked to the U.S. military in order to “safeguard national security and interests.” The move was taken in response to the U.S. Defense Department’s recent decision to add about two dozen Chinese businesses—including carmaker BYD, Alibaba Group, and Baidu—to a list of companies that Washington says are aiding the Chinese military.
Article preview — originally published by Foreign Policy. Full story at the source.
Read full story on Foreign Policy →
More top stories
Also covered by
Investing.com
China targets US rare earth and other firms with export controls
Investing.com
China adds two US rare earth firms to export control list
NY Times
China Tightens Rare Earth Grip on U.S. Firms, Threatening Trade Clash
Al Jazeera
China adds 10 US firms, including rare-earth miner, to export control list
Aggregated and edited by the Scoop newsroom. We surface news from Foreign Policy alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop