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RE: LeoThread 2025-05-30 12:16

in LeoFinance4 months ago

"We stand ready to strengthen dialog and cooperation in the field of export control with relevant countries and regions and stay committed to maintaining the stability of global production and supply chains," foreign ministry spokesperson Lin Jian said on Friday when asked about the controls.

Chinese state media reported on Wednesday that the country could relax its curbs on rare earths exports for Chinese and European semiconductor firms after meetings between industry and the Ministry of Commerce where the issue of shortages was raised.

The New York Times reported earlier this week that the United States suspended some sales of critical technologies to China, including parts for state-owned plane maker COMAC, in response to China's restriction on exports of critical minerals.