- China urges the US to correct mistakes
- US moves affect global supply chain stability
Such comments are not new. The Chinese continue to repeat that they don't want to escalate things and resolve the issues via dialogue.
Update:
Reuters sources are now saying that China is increasing oversight of export license applications for rare earth magnets (this reportedly started last week). Looks like arm wrestling now with China pressing the US to roll back the latest measures (US port fees on China-linked vessels).
