Foreign media: China has strengthened control over rare earth exports, aiming to protect national security.
The new regulations clearly limit the processing technology of rare earths and unauthorized overseas cooperation, and are expected to prevent exports to foreign arms dealers and some semiconductor companies.
China holds a dominant position in the global production and processing of rare earths. According to data from the International Energy Agency, China's rare earth production accounts for 61% of the world's total, and its processing capacity accounts for 92%.
This control measure is similar to the U.S. restrictions on selling chip manufacturing equipment to China, aimed at countering the U.S. restrictions on China's high-tech development.
Original article: www.toutiao.com/article/1845481526549504/
Statement: The article represents the personal views of the author.