SHANGHAI/HONG KONG -- China's Ministry of Commerce on Friday said it will process export applications for "controlled items," echoing U.S. officials' comments that they have reached a deal with Beijing to resume exports of rare earths.
Trade war
China signals rare earths will flow, US trade truce 'further confirmed'
Beijing's Commerce Ministry says it will 'review and approve controlled items'
The U.S. and Chinese flags are placed on a negotiating table during bilateral talks in Geneva on May 10. (Keystone/EDA via Reuters)
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