China Tightens Grip on Rare Earth Exports, Escalating Economic Showdown with U.S.
China has unveiled sweeping new export restrictions on rare-earth materials and related technologies — a move analysts describe as a near-unprecedented escalation in its economic confrontation with the United States. The rules, announced Thursday by China’s Commerce Ministry, could disrupt global supply chains for critical technologies, from semiconductors and solar panels to electric vehicles and advanced weapons systems.