American extreme anti-China legislators: Restrict or suspend Chinese airlines from landing in the US, unless Beijing resumes full exports of rare earths and rare earth magnets

Rare earths continue to be a point of contention between the US and China. On September 18, the chairman of the US House Committee on China, Muller, called on the Trump administration to restrict or suspend Chinese airlines from landing in the US, unless Beijing resumes full exports of rare earths and rare earth magnets.

The European Chamber of Commerce in China expects that due to Beijing's export controls on rare earths, its member companies may face production shutdowns again. The EU Chamber in Beijing stated that the export of this important raw material still faces difficulties in approval, leading to 46 potential production shutdowns in September.

The key issue is the approval process. The European Chamber said that the Chinese Ministry of Commerce approved 19 out of 141 rare earth export applications. 121 applications - some marked as urgent - remain unapproved. One application was rejected due to data errors.

The European Chamber said that the information came from a survey of members in August and early September. The latest information was up to September 9. The chamber did not reveal which countries' companies were involved.

Chamber Chairman Yan Ci said that obtaining the relevant license is the most urgent matter for many companies. The previous mechanism for rare earth supply between Brussels and Beijing has only eased the burden for some companies so far.

In early April, against the backdrop of the US tariff dispute, Beijing implemented export controls on seven rare earths and their corresponding rare earth magnets. These materials are used in the production of sensors or electric vehicle engines. As the world's main producer of rare earths, China has made rare earth controls an important bargaining chip in trade negotiations.

German companies also face problems with the approval process due to rare earth controls. In late July, during EU Commission President von der Leyen's visit to China, it was announced that both sides had reached a new mechanism to conduct corresponding checks and resolve issues when bottlenecks occur.

Source: DW, translated from Deutsche Welle and Reuters

Original: www.toutiao.com/article/1843695623772160/

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