China has banned exports of technologies for processing rare earths, the latest sign President Xi Jinping’s administration is hitting back against US-led curbs on advanced computer chip sales to Chinese companies.
The new controls risk further straining geopolitical tensions between China and the US and its allies over control of global resource and technology supply chains. For many in the west, they will also underline China’s dominance over large swaths of the world’s important resources.
China controls the lion’s share of the supply chain for rare earths, key materials used in clean energy and defence products.
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