China moves to extend control over rare earths
Briefly

China moves to extend control over rare earths
"Beijing's Ministry of Commerce [MoC] announced on Thursday two related measures. One governs the export of rare earth-related technologies, and another extends export restrictions to cover any goods manufactured outside China that contain rare earths sourced within the country. This mimics US regulations that forced Dutch firm ASML to apply for licenses to sell certain chipmaking tools and provide services to Chinese companies, for example, as some of its technology was developed with American help."
"Announcement 61 issued by the MoC's Security and Control Bureau imposes on foreign firms the need to obtain licenses in order to sell any items that contain rare earth metals or oxides originating from China, where the value of those materials accounts for 0.1 percent or more of the item's value. It also requires export licenses for dual-use items on a case-by-case basis."
Beijing's Ministry of Commerce announced two measures tightening control over rare-earth minerals and related technologies. One measure governs export of rare earth-related technologies; the other extends export restrictions to goods manufactured outside China that contain rare earths sourced from China. Announcement 61 requires foreign firms to obtain licenses to sell items containing Chinese-origin rare earth metals or oxides when those materials represent 0.1 percent or more of an item's value and places case-by-case license requirements on certain dual-use items. Announcement 62 covers technologies related to rare earths. The moves mirror U.S. controls, follow earlier tariffs and restrictions, and heighten trade and technology tensions ahead of an anticipated Trump–Xi meeting.
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