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China accuses U.S. of ‘panic’ over rare earths, open to trade talks

China accuses U.S. of ‘panic’ over rare earths, open to trade talks

China on Thursday accused the U.S. of creating “panic” over Beijing’s controls on rare earth minerals, but indicated it is open to trade talks to resolve a dispute that has threatened to reignite a trade war between the world’s two largest economies. “The US interpretation seriously distorts and exaggerates China’s measures, deliberately creating unnecessary misunderstanding…

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