China is implementing new export controls on five rare metals crucial for defense and other industries, as part of a package it unveiled shortly after the Trump administration enforced an additional 10 percent U.S. levy on Chinese goods.
In a statement released on Feb. 4, China’s commerce ministry and customs officials announced the export restrictions on metals such as tungsten and indium. These measures take effect immediately.
A spokesperson for the commerce ministry said in a separate statement that the new restrictions on 25 rare metals and related technologies are intended to “better safeguard national security and interests” and comply with international “non-proliferation” obligations….