US Ambassador to China Accuses China of Escalating Rare Earth Weaponization
On September 29, US Ambassador to China David Perdue reposted a graphic and text from the embassy dated the 27th, saying that China has imposed export licensing on rare earths and magnets since April last year, extended it worldwide in October last year, and now makes it illegal for companies to relocate out of China, allowing for arrest and prosecution, seizure of assets, and exit restrictions.