The European Union has agreed with China on stabilizing the flow of rare earth materials and products from China that are critical elements for many high-tech and military products, an official said Tuesday. EU trade commissioner Maroš Šefčovič met with Chinese Commerce Minister Wang Wentao in Brussels on Friday to discuss Beijing’s export controls on rare earths issued in April and October, and European regulations on semiconductor sales, said Olof Gill, a spokesperson for the European Commission, the 27-nation bloc’s executive arm.Read More
European Union welcomes suspension of China’s rare earth controls
By SAM McNEIL
