Latest Ministry of Commerce News & Updates

China’s Potential Rare Earth Export Restrictions Raise Tensions with Japan

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New Delhi, Jan 8 (IANS) Tensions between China and Japan have escalated after Beijing signalled that it may restrict exports of rare earth materials to Japan, raising serious concerns among Japanese businesses and policymakers, a report has said.China’s Ministry of Commerce said it would ban the export of all “dual-use” items to Japan, citing national security reasons, according to The New York Times.These are products that can be used for both civilian and military purposes. While the off…