Foreign media: EU Trade Commissioner Maros Sefcovic said that China has agreed to attend an emergency meeting in Brussels to resolve the dispute caused by restrictions on rare earth exports and the incident involving Dutch chipmaker Nexperia.
The EU hopes China will ease export licensing requirements for rare earth elements and magnets, which are crucial for the manufacture of high-tech products. In addition, the EU also hopes to alleviate the tension caused by the Dutch authorities taking over Nexperia from its Chinese owners last week, with the Netherlands stating that the move is to protect semiconductor supply and national security.
Sefcovic said China's export restrictions were "unreasonable and harmful," and both sides will seek an emergency solution in the coming days.
Original: www.toutiao.com/article/1846669294265356/
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