“中方正严管稀土囤积，外企开始将生产线转移至中国”

Core Viewpoint - China is implementing stricter controls on rare earth exports, emphasizing its dominant position in the supply chain while addressing concerns from Western countries about potential threats to defense industries [1][6]. Group 1: Export Control Measures - China is tightening regulations on foreign companies hoarding rare earths, warning that large-scale stockpiling could lead to supply issues [1]. - A new export licensing system for critical minerals and rare earth magnets is being established, with a focus on expediting approvals for compliant applications [3]. - The approval process for export applications is thorough, with significant scrutiny on large orders to prevent potential hoarding [1][5]. Group 2: Impact on Western Companies - Many Western companies are relocating production lines to China to circumvent export restrictions, as seen with Regal Rexnord, which is assembling rare earth magnets in China to ease export difficulties [5]. - In June, China's exports of rare earth magnets to the U.S. surged to 352.8 tons, a 660% increase from May, indicating a recovery in supply following trade negotiations [5]. - Overall, China's rare earth magnet exports in June reached 3,188 tons, a 157.5% increase from May, although still down 38.1% compared to the same period in 2024 [5]. Group 3: China's Position and Intentions - China asserts that its export controls are in line with international practices and aim to maintain national security while facilitating compliant trade [6]. - The Chinese government emphasizes that the goal is to regulate rather than prohibit exports, promoting sustainable and peaceful trade practices [6].