China's Ministry of Commerce has called on the United States to demonstrate sincerity in resolving trade tensions, following recent disagreements over rare earth export controls. The appeal comes as both nations navigate complex negotiations to stabilize bilateral economic relations.
A ministry spokesperson emphasized that China's export control measures on rare earth elements – critical components in electronics, renewable energy systems, and defense technologies – align with international practices and domestic legal frameworks. "These measures aim to optimize our export management system while fulfilling international obligations," the spokesperson stated.
The remarks respond to US claims about postponed discussions regarding the export policies. Analysts suggest the development underscores growing global competition for strategic resources, with China producing over 60% of the world's rare earth metals.
Business leaders and investors are closely monitoring the situation, as stable China-US trade relations remain crucial for global supply chains. The dialogue's outcome could significantly impact manufacturing sectors worldwide and influence emerging markets in green technology.
