The influential Chinese tabloid Global Times has published an editorial on the metal export restrictions, noting that Beijing’s latest restrictions are a warning to the US and its allies.
Key points
“Controls on exports of some gallium and germanium products were a “practical way” of telling the US and its allies that their efforts to stop China from acquiring more advanced technology were a “miscalculation”“.
“China could be more cautious in supplying its rare earth resources to support those who have sided with the US-led push to ‘delink’ from China.”
“The controls they do not mean that China will ban exports of the metals, but the authorities will have the right to reject export requests if the products involve military use or are used in scenarios that may undermine China’s security and national interests.”
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
