Beijing announced that foreign firms must get government approval to export magnets containing any amount of China-originated rare earth materials or produced with Chinese technology.
For anyone familiar with US trade practice, China is simply borrowing a decades-long US policy: the foreign direct product rule. It extends the reach of US law to foreign-made products, and it has been used regularly to restrict China’s access to cer… [4489 chars]
Source: The Boston Globe | Published: 2025-10-20T10:36:48Z
Credit: The Boston Globe
