ZGXT(SZ:000831) Sou Hu Cai Jing·2025-10-29 04:58Core Points - The recent talks between the US and China in Kuala Lumpur resulted in some consensus, which is seen as a positive step towards easing trade tensions [1] - US Treasury Secretary Becerra's comments on China's rare earth export controls contradict China's stance, indicating a potential misunderstanding or miscommunication regarding the implementation of these measures [3] - Becerra's remarks suggest that the US may be leveraging threats of tariffs to influence China's actions, particularly in light of upcoming midterm elections [6][7] Group 1 - The US is concerned about China's rare earth export controls, with Becerra claiming that China has not effectively implemented these measures [3] - China's Foreign Ministry responded by stating that their export control measures are in line with international norms and aimed at maintaining global supply chain stability [3] - There is speculation that Becerra's comments may be an attempt to portray a diplomatic victory for the US in the context of the trade talks [4][6] Group 2 - The upcoming APEC summit presents an opportunity for the US to negotiate directly with Chinese leadership, which could lead to potential agreements to alleviate current diplomatic pressures [6][7] - The US may need to make concessions on issues important to China, such as Taiwan, to achieve favorable outcomes in the rare earth discussions [7][9] - The effectiveness of US diplomatic efforts may hinge on their willingness to address China's concerns, particularly regarding Taiwan's status [9]