Core Viewpoint - The article discusses how the U.S. has circumvented China's mineral export ban by importing key minerals like antimony through third countries, leading to a significant increase in U.S. imports of these minerals despite China's restrictions [3][5][10]. Group 1: U.S. Actions and Responses - The U.S. government has been secretly importing minerals from China via third countries like Mexico and Thailand to bypass China's export ban on critical minerals [5][8]. - Reports indicate that from December 2022 to April 2023, the U.S. imported 3,834 tons of antimony oxide from Thailand and Mexico, which is more than the total imports from the previous three years [8][10]. Group 2: China's Export Controls - In response to U.S. sanctions, China implemented strict export bans on key minerals such as antimony, gallium, and germanium starting December 2023 [3][5]. - China has also tightened controls on dual-use items to prevent their export to the U.S. [3]. Group 3: Consequences of Circumvention - The circumvention of China's export controls has rendered these measures ineffective, undermining China's leverage in U.S.-China relations [10]. - This situation highlights the internal challenges China faces, as domestic entities may be colluding with foreign parties to smuggle critical minerals out of the country [11][13]. Group 4: Government Actions - In light of the situation, China's Ministry of Commerce has initiated a special operation to combat the export of critical minerals to the U.S. through third countries [11].

Core Viewpoint - The article discusses the pressure on soybean and corn futures ahead of the USDA supply and demand report, questioning whether the market can find hope in export demand [1] Group 1: Market Analysis - Soybean and corn futures are facing downward pressure as the USDA supply and demand report approaches [1] - The market is looking for signs of recovery through potential export demand [1] Group 2: USDA Report Implications - The upcoming USDA report is critical for understanding supply and demand dynamics in the agricultural sector [1] - Market participants are closely monitoring the report for insights that could influence future pricing and demand trends [1]

Core Viewpoint - The European Parliament has expressed concerns over China's export controls on critical raw materials, particularly rare earths, claiming these measures disrupt global supply chains and urging China to lift the restrictions [1] Group 1: China's Response - China has strongly opposed the European Parliament's resolution, urging it to stop politicizing trade issues and applying double standards on export controls [1] - The Chinese government emphasizes that its regulations on dual-use items, including rare earths, are a legitimate exercise of sovereignty and comply with international obligations [1] Group 2: Implications for Global Supply Chains - The resolution highlights the potential impact of China's export controls on global supply chains, particularly in sectors reliant on rare earth materials [1] - The dual-use nature of rare earths raises concerns about their military and civilian applications, prompting China to implement necessary controls [1]

Group 1 - The Russian Deputy Prime Minister Novak stated that discussions are ongoing regarding a gasoline export ban for oil producers, with the decision on implementation depending on exchange rate fluctuations in the coming days [1]

摘要 1、今天，A股午后冲高回落，券商板块领涨，发生了什么？这些利好支撑行情持续！ 2、 美国将对加拿大商品加征35%关税 ， 美股股指期货跳水，对A股影响几何？ 后市投资主线在哪里？ 3、 上天天基金APP搜索【777】注册即可 领500元券包，优选基金10元起投！限量发放！先到先得！ 真话白话说财经，理财不说违心话 --这是第1384 篇白话财经- - 今天，A股午后冲高回落，最终集体收红，有超2900只个股上涨。 （图片来源：东方财富APP，统计截至2025/7/11，不作投资推荐） 两市成交额放量明显，近半天就突破1万亿元，最终达到1.71万亿元，盘面上，稀土、券商、半导体等板块涨幅居前。银行板块午后回落，跌幅居前。 盘后，利好持续！ 财政部印发通知，引导保险资金长期稳健投资，进一步加强国有商业保险公司长周期考核。有望推动险资更加注重长期收益，加大 A股投资力度，进一步推动资本市场高质量发展。 分析人士指出， 量能进一步放大，说明场外增量资金正在加紧入场，沪指站稳3500点后，3600点已经在招手，后市有继续震荡上行的动能。 券商爆发，后市如何布局？ 今天，A股在券商板块的带领下再度冲高，但午后银行板 ...

Group 1 - China's sudden requirement for export licenses for heavy rare earths led to a 74% drop in rare earth magnet exports in May, causing significant concern among U.S. military and renewable energy companies [1][3] - The Chinese government has strategically opened a green channel for the EU and granted temporary licenses to U.S. car manufacturers, indicating a nuanced approach to international relations [1][3] - The policy shift is seen as a response to previous WTO rulings against China's quota system, now framed under national security and non-proliferation, allowing for more flexible control over exports [3][5] Group 2 - The U.S. and its allies, including Japan and Australia, are reacting strongly, with the Pentagon discussing "decoupling" from China and Australian companies seeing stock price surges [5][7] - Rebuilding supply chains is expected to take at least five years, during which China may further solidify its position in the rare earth market [5][7] - The current situation highlights a broader geopolitical strategy where China uses rare earths as leverage against U.S. defense industries, with implications for future regulations in biomedicine and lithium batteries [5][7] Group 3 - The U.S. faces a dilemma: imposing similar controls could harm domestic companies, while negotiating could undermine political standing ahead of midterm elections [7] - The EU is proactively working on the Critical Raw Materials Act to mitigate risks while benefiting from China's green channel [7] - The situation serves as a lesson in modern economic warfare, emphasizing the importance of using export licenses to adjust supply chains rather than outright bans [7]

Core Insights - The International Energy Agency (IEA) reported that Russia's export revenue increased by $800 million in June, reaching a total of $13.6 billion due to rising prices [1] Group 1 - The increase in export revenue is attributed to higher prices in the energy market [1]

Group 1 - The rare earth permanent magnet sector showed significant activity, with the sector index rising by 5.64% and several stocks, including Northern Rare Earth (600111) and China Rare Earth (000831), hitting the daily limit [1] - Northern Rare Earth announced a projected net profit increase of 1882.54% to 2014.71 million by the first half of 2025, driven by market stabilization, increased production and sales, and cost reduction efforts [1] - The global market size for rare earth permanent magnets is expected to reach approximately $17 billion in 2024 and $27 billion in 2025, indicating substantial growth potential for the industry [1] Group 2 - Northern Rare Earth is the largest supplier of light rare earth products in China and globally, focusing on rare earth raw materials, functional materials, and some end-use products [2] - China Rare Earth primarily engages in the production and operation of rare earth oxides and offers technology research and consulting services [3] - Shenghe Resources has a diverse range of rare earth products, including both light and heavy rare earths [4] - Jiuwu Hi-Tech specializes in the development of membrane separation technology for ion-type rare earth mining and the research of rare earth leachate pretreatment processes [4] - Baotou Steel's main products include rare earth concentrates and fluorite [5] - Jinchuan Magnetics is a leading supplier of high-performance rare earth permanent magnet materials in the new energy and energy-saving sectors [6] - Guangsheng Nonferrous Metals focuses on rare earth mining, smelting separation, deep processing, and non-ferrous metal trading [7] - China Nonferrous Metal Industry's Technology is a leader in lead-zinc smelting and rare earth separation technologies in China [8]

日本自民党干事长森山裕和中国国务院副总理何立峰在大阪进行了会谈 日本内阁官房副长官橘庆一郎7月11日在记者会上表示："尽早使该协定生效，敦促中国加快 推进恢复日本国产牛肉出口所需的各项进程"。 版权声明：日本经济新闻社版权所有，未经授权不得转载或部分复制，违者必究。 日经中文网 https://cn.nikkei.com 视频号推荐内容： 中国方面完成了两国之间动物卫生检疫协定的国内手续。该协定的生效是日本牛肉重启对中 国出口的必要条件。中国自2001年以来停止进口日本牛肉。正在日本访问的中国副总理何立 峰于11日在大阪市与日本自民党干事长森山裕举行了会谈…… 由于日本在2001年暴发了疯牛病（BSE，牛海绵状脑症），中国当年停止了日本牛肉的进 口。2019年中日两国政府签署了加强包括BSE在内的跨境动物疾病管理的协定。但中方并未 推进该协定的国内手续，导致该协议被搁置超过五年。 2024年，日本国产牛肉的全球出口额达到648亿日元，在五年内增长了两倍以上。随着全球 对和牛的认知度提升，美国、台湾、香港等地的需求不断扩大。 日本政府计划到2030年将牛肉出口额进一步扩大至1132亿日元，几乎翻倍。通过解禁对中 ...

Group 1 - The China Aerospace and Aviation Industry Index (CN5082) has seen a strong increase of 1.02% as of July 11, 2025, with notable gains in constituent stocks such as Yaguang Technology (300123) up 4.15% and Beifang Navigation (600435) up 4.13% [1] - The Aerospace and Aviation ETF (159227) has risen by 0.55%, with the latest price reported at 1.1 yuan [1] - The China Astronaut Research and Training Center held a press conference on July 9, where astronauts shared their experiences from a 183-day mission in space [1] Group 2 - The Aerospace and Aviation ETF (159227) tracks the China Aerospace Index and has a high concentration in the defense and military sector, with a weight of 98.2%, making it the purest military ETF in the market [2] - The ETF focuses on aerospace capabilities, with a significant weight of 66.5% in the "Aerospace + Aviation Equipment" category within the secondary industry [2] - As of June 30, 2025, the top ten weighted stocks in the China Aerospace and Aviation Industry Index (CN5082) account for 49.42% of the index, including companies like Guangqi Technology (002625) and AVIC Shenyang Aircraft Corporation (600760) [2]