China's Commerce Ministry says rare earth export controls are different to an export ban

Said it took constructive stance during recent US-China trade talks.China hopes the US will appreciate the progress made in previous talks and correct recent wrongdoings. As a reminder, we had a staff-level meeting in Washington on Monday between US and Chinese officials. Both sides are trying to avoid further escalation on the matter but we haven’t got any meaningful breakthrough yet, although the de-escalation remains the base case for the markets.
This article was written by Giuseppe Dellamotta at investinglive.com.

🔗 Read Full Article

💡 DMK Insight

The constructive stance taken by both the US and China during their recent trade talks suggests a cautious optimism that could stabilize market sentiment in the short term. This highlights the delicate balance both nations are trying to maintain, as any misstep could lead to renewed tensions and volatility. Investors may note that progress in these discussions is crucial not only for bilateral relations but also for the broader global economy, as trade dynamics continue to influence supply chains and market confidence.