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China's Commerce Ministry says uncommon earth export controls are totally different to an export ban

  • Said it took constructive stance during recent US-China trade talks.
  • China hopes the US will appreciate the progress made in previous talks and correct recent wrongdoings.

As a reminder, we had a staff-level meeting in Washington on Monday between US and Chinese officials. Both sides are trying to avoid further escalation on the matter but we haven’t got any meaningful breakthrough yet, although the de-escalation remains the base case for the markets.

This article was written by Giuseppe Dellamotta at investinglive.com.

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