Technologies related to the extraction of rare earth minerals, manufacturing of magnets and recycling of rare earths are banned from being exported unless permitted, according to a notice published Thursday by the Ministry of Commerce.
China has called for the US to cancel “unreasonable” tariffs and create conditions for an expansion in trade. Xi is also renewing a push for the US to change a decades-old phrase describing its stance on Taiwan to declare it opposes independence.
On a call with Trump last month, Xi urged the US president to avoid restrictive trade measures and called for a “fair and non-discriminatory” environment for Chinese companies to invest in the US. Trump said at the time there had been progress on trade, fentanyl, the war in Ukraine and the TikTok deal.
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