US EditionChina says it may speed up rare earths application approvals from EU
- This week in Paris, Chinese Commerce Minister Wang Wentao held talks with European Commissioner Maros Sefcovic to address trade matters, including the export of rare earth minerals.
- The meeting took place after China’s April move to impose export licensing requirements and suspend widespread rare earth shipments, causing significant disruption to international supply networks dependent on these materials.
- They talked about the current probes into EU brandy shipments and the EU’s anti-subsidy case involving Chinese electric vehicles, highlighting that these anti-dumping measures and increased tariffs have escalated tensions between the parties.
- China proposed establishing a “green channel” to speed up rare earth export approvals, stating it “attaches great importance to Europe’s concerns” and called for reciprocal EU action.
- Both sides aim for a final ruling before July 5, with China hosting an EU summit next month, suggesting cautious progress toward easing trade frictions.
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Shanghai. China is ready to accelerate the approval of rare earth exports to European Union (EU) companies and will also issue a verdict on its commercial investigation of brandy imports before July 5, announced yesterday its Ministry of Trade.
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Total News Sources62
Leaning Left5Leaning Right10Center10Last UpdatedBias Distribution40% Center, 40% Right
Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
40% Right
L 20%
C 40%
R 40%
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