China has rolled back a number of restrictions on its export of critical minerals and rare earth materials to the United States, in a sign that a trade truce between the world's two largest economies is holding.
China's Ministry of Commerce said Friday that it would suspend some export controls on critical minerals used in military hardware, semiconductors and other high-tech industries for a year.
The suspended restrictions, first imposed on Oct. 9, include limits on the export of certain rare earth elements, lithium battery materials, and processing technologies.
The export relaxations follow talks between U.S. President Donald Trump and Chinese President Xi Jinping in Busan, South Korea, on Oct. 30.
Beijing also reversed retaliatory curbs on exports of gallium, germanium, antimo

CNBC

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