China commerce ministry:
- China is reviewing applications for export licenses of controlled items in accordance with laws and regulations
- Hopes US to continue to work with China in the same direction and further correct wrong practices
- US has informed China on canceling restrictive measures against China
- Teams on both sides are stepping up efforts to implement the outcomes of the London framework
- Hope US will jointly promote China-US economic and trade relations in a stable and far-reaching manner
- London framework was ‘hard-won’, dialogue and cooperation is the right way
That first point sounds positive for rare earths is my guess.
This article was written by Eamonn Sheridan at www.forexlive.com.
