In a surprise move, the Chinese mainland's Ministry of Commerce announced on Friday it is suspending some export control measures originally introduced on October 9, effective immediately through November 10, 2026. 🚀
The pause affects six key announcements, most of which target rare-earths—critical minerals powering everything from smartphones to EVs. Here’s the breakdown:
- Announcements 55-58 (Ministry of Commerce & General Administration of Customs): Export controls on superhard materials, lithium batteries, synthetic graphite anode materials, equipment and raw materials tied to rare-earths, including holmium and other medium to heavy rare-earth elements.
- Announcements 61-62 (Ministry of Commerce): Export controls on certain overseas-related rare-earth items and rare-earth technologies.
Rare-earth elements are essential for high-tech gadgets, renewable energy systems, and advanced military tech. By lifting these curbs, the Chinese mainland could ease global supply squeezes, lower production costs, and calm market jitters. 🌍⚡
For entrepreneurs, students, and tech geeks in Latin America and beyond, this means cheaper materials for next-gen devices and a potential boost for green-tech startups. 📱🔋
Keep an eye on global markets: will other major players respond with policy tweaks? And how will supply chains adjust? We’ll be watching the trends, so stay tuned for updates. ✨
Reference(s):
China suspends some export control measures announced on October 9
cgtn.com
