China has announced a ban on the export of dual-use goods to Japan when such items are intended for military purposes, in a fresh move that sharpens already strained ties between the two neighbours. The decision was disclosed by China’s Ministry of Commerce late on Monday and takes effect immediately. Under the new rule, exporters […]
Asian rare earth stocks surged after China imposed new dual-use export bans on Japan. Analysts say upstream producers outside China could benefit. Japanese auto, machinery and defence stocks fell amid concerns over higher costs. Asian rare earth-related shares rallied sharply on Wednesday after China announced fresh export restrictions targeting Japan, stoking concerns over supply chain […]
