Chinese limitations on rare land exports freeze European factories
Since the US and China have agreed to the US and China this month, Beijing has stopped some non -tariff actions to suspend the additional rates imposed on each other. However, licensing requirements for rare land exports are in place.
David Becker
The European Union Chamber of Commerce in China on Thursday alerted that the sanctions of Beijing on rare land exports would lead to the production of European manufacturers in a few days.
In early April, China imposed restrictions on the export of seven rare land elements used in extensive industrial products Electric vehicles and weaponsAfter the United States president, Donald Trump has announced rates against Chinese products.
“A very important cost to European manufacturers”
“We have a problem that is happening in Europe”EU commercial mayor in China said Jens Essellund. There is no solution to lead to A “A very important cost to European manufacturers”He said.
Beijing withdrew some limits Since China and the US agreed to withholding very extra tariffs. You still need a license to export a rare land, and in accordance with Escreland, orders are taking a lot of time to process.
The Secretary General Adam Dannet said the export control problem between the European Union and the China -based semiconductor companies is a theme.
Employees of the Ministry of Commerce, who attended the meeting Are working hard to respond to a growing demand for licensesThe second dunette.
China stated “It aims to provide a fair, stable, transparent and Able -icable political climate for companies“According to a statement from the Ministry of Commerce after Tuesday’s meeting.
