china restricting rare earths to USAFrom rt.com today and possible explanation for increased interest in avl. jmho, mpke
Tom Fowdy, a British writer and analyst of politics and international relations with a primary focus on East Asia.
By limiting access to China’s AI and rare earth metals, Beijing is responding to President Trump’s endless stream of sanctions. But this latest move is set to cause big problems for the companies that work with the US military.
China’s announcement of new laws controlling the exports of ‘sensitive items’ in a way that mirrors the US Commerce Department’s ‘entity list’ is the latest example of escalating tensions between Beijing and Washington.
The new regulations are set to control items said to be vital to the country’s national security, including military items, strategic technologies, artificial intelligence algorithms, and, most strikingly, rare earth mineral exports.
The announcement comes as Donald Trump’s administration uses its last days to double down on China, with media reporting that it is set to blacklist the Semiconductor Manufacturing International Corporation and the China National Offshore Oil Corporation as firms allegedly ‘controlled’ by the country’s military.