China and the EU have reached a new consensus on export controls for rare earths, and the EU has been confirmed to be subject to the suspension measures.

The EU said: China agreed to suspend the expansion of rare earth export controls.

On Saturday (November 1st), EU Trade Commissioner Mariya Gabriel stated that the EU held meetings with Chinese officials in Brussels.

Gabriel stated on social media: "The Chinese side confirmed that the recently announced measures to suspend rare earth export controls also apply to the EU."

Both sides also discussed the case of Nexperia. However, Gabriel did not disclose specific details.

~The Chinese rare earth control is not targeting Europe, but to prevent the transfer of goods through Europe to the United States.

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Original: www.toutiao.com/article/1847630923778048/

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