China to tighten regulation on rare earth resources amid tensions with the US

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Chinese authority said it would strengthen regulation over its rare earth resources, from mining to exports, which some say is the latest move in response to the ongoing tensions with the United States.

China will strengthen full industrial chain regulation and establish a mechanism under the State Council, the country's cabinet, to decide and coordinate on major policy measures, according to a draft guideline released by the Ministry of Industry and Information Technology (MIIT) on Friday, which will be kept open for public opinion till Feb 15.

"Rare earths are important strategic resources that . . .

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