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Supply Chain

China weighs export ban for rare-earth magnet tech

Beijing looks to strike back after Washington's chip restrictions

China dominates the global market for rare-earth materials.   © Reuters

BEIJING -- China is considering prohibiting exports of certain rare-earth magnet technology in a move that would counter the U.S.'s advantage in the high-tech arena.

Officials are planning amendments to a technology export restriction list, which was last updated in 2020.

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