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CN MOC: Rare Earth Export Control Not a Ban; Applications Meeting Regulations Will Be Approved
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China's Ministry of Commerce (MOC) responded to recent Chinese economic and trade policy measures, stating that China's rare earth export control is not a ban, and applications that meet regulations will be approved. China has conducted a thorough assessment of the potential impact of these measures on the supply chain and is confident that the impact is very limited, the MOC said. China has noted the U.S. announcement to levy a 100% tariff on Chinese goods, which severely undermines China's interests and disrupts the atmosphere of bilateral economic and trade talks, and China vigorously opposes this. AASTOCKS Financial News Website: www.aastocks.com |
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