China’s Commerce Ministry says rare earth export controls are different to an export ban

• Said it took constructive stance during recent US-China trade talks.

As a reminder, we had a staff-level meeting in Washington on Monday between US and Chinese officials. Both sides are trying to avoid further escalation on the matter but we haven’t got any meaningful breakthrough yet, although the de-escalation remains the base case for the markets.

This article was written by Giuseppe Dellamotta at investinglive.com.