Regulation of rare earth exports needed

China Daily reports that China’s export regulations on rare earth elements are far from adequate and more are required.

The editorial is quoted as saying:

Export regulation was originally introduced for security issues. After World War II, the United States and other countries established the Coordinating Committee for Multilateral Export Controls (COCOM) against socialist countries; its successor, in effect today, is the Wassenaar Arrangement on Export Controls for Conventional Arms and Dual-Use Goods and Technologies.

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