China commerce ministry announces export control on some rare earth equipment, materials

  • China sends a message to Trump by introducnig more curbs to the rare earth game
China Rare Earths
  • Export control on items related to lithium batteries, artificial graphite anode materials
  • Export control on items related to superhard materials, some medium and heavy rare earth-related items

This will just tighten global access to key raw materials needed for computer chips and technological equipment, as China is definitely sending a big message to the US ahead of a meeting between Xi and Trump later this month. As a reminder, this was what Beijing also threatened with earlier in the year to get Washington to back down on tariffs and it did work.

On the latest restrictions, China is saying that it is doing so to "safeguard national security" and that some will only go into effect on 1 December.

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