Beijing Defends Export Controls on Rare Earths
On Sunday, a spokesperson for China's Commerce Ministry described the recent export control measures on rare earths and related items as a legitimate step to refine the Chinese mainland's export control framework, in line with existing laws and regulations.
US Tariffs and Software Restrictions
The spokesperson responded to the US's 100 percent tariff on China and export controls on all critical software, urging the US to correct its practices and respect key agreements from recent phone talks between the two heads of state.
Dialogue for Stable Relations
China called on the US to use the established China-US economic and trade consultation mechanism, address concerns on both sides, and manage differences through mutual respect and equal-footed dialogue. The aim is to safeguard the stable, sound, and sustainable development of the bilateral economic and trade relationship.
The coming weeks will test how both sides navigate these measures and whether dialogue can pave the way for a more predictable trade environment.
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China defends rare earth export controls, urges U.S. to manage differences through dialogue
cgtn.com
