China blacklists 10 US firms including rare-earth miner in export control retaliation
China has added 10 US companies to its export control blacklist, including a rare-earth mining firm, in apparent retaliation for the Pentagon's decision to blacklist major Chinese companies such as Alibaba and Baidu. The move marks a further escalation in the ongoing trade and technology rivalry between Washington and Beijing. Rare-earth materials are critical to electronics, defence and green energy industries.
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