China’s rare earth export plunge caused by coronavirus, not Beijing agenda, industry group says

//China’s rare earth export plunge caused by coronavirus, not Beijing agenda, industry group says

China’s rare earth export plunge caused by coronavirus, not Beijing agenda, industry group says

A plunge in China’s rare earth exports last month has fanned speculation over whether Beijing has been curbing overseas shipments of the raw materials to inflict pain on its trade partners, but an industry association official says the decline in such exports is more of a result of coronavirus shock than a deliberate effort to cut off supplies.Chen Zhanheng, a deputy general secretary at the China Rare Earth Industry Association, an industry group of domestic rare earth companies, said the drop…

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By | 2020-08-18T11:30:16+00:00 August 18th, 2020|World|Comments Off on China’s rare earth export plunge caused by coronavirus, not Beijing agenda, industry group says