BEIJING: China on Nov 9 announced a two-month extension of export-control waivers due to expire in November, preserving part of a wide-ranging deal struck after a summit between Presidents Xi Jinping and Donald Trump.
China introduced export controls on certain rare earths in April 2025, only to expand them further in October that year, dramatically widening their scope and adding new controls on certain diamonds with industrial applications and lithium battery technology.
The measures were then paused for one year in November 2025 following a summit between Xi and Trump in South Korea.
The Ministry of Commerce said in a short statement on Nov 9 that the suspension would be extended for two months until Jan 10, 2027. It gave no other details.
The extension is part of a broader suspension of trade countermeasures and tariffs announced by China on Nov 9 as it negotiates with Washington over a lasting trade deal.
Trump is scheduled to travel to Shenzhen in southern China later in November for an APEC leaders' summit, where he is expected to meet Xi. – Reuters
