China Stokes Rare Earths Concerns With Possible Export Controls
- Experts suggested a mechanism for tracking, approving exports
- NDRC met with experts focused on promoting the industry
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China’s state planner is closely studying proposals to establish rare-earth export controls, adding to concerns that the mineral critical in production of military equipment and tech devices will be used as a weapon in Beijing’s trade war with Washington.
The National Development and Reform Commission met with experts focused on promoting the development of the industry who suggested that the government set up a mechanism for tracking and approving exports of rare earths.