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China restricts rare earth exports to hit back strongly at US semiconductor pressure

 Rumours that China will restrict exports of rare earths, solar power and other technologies have recently gained momentum, meaning that China has finally started to launch a large-scale countermeasure to the US semiconductor blockade. China is in the process of revising its Catalogue of Exported Banned and Restricted Technologies, which has attracted attention from various quarters. On 9 February, a spokesperson from the Ministry of Commerce stressed that the list was not targeted at any particular industry. However, many high-tech companies in the US are nonetheless concerned.
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