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The Nexus
POLITICSJun 22 · 19:13 UTCASIA TIMESJeff Pao

China sanctions US defense, rare earth firms in retaliation

China retaliated against Washington by banning government procurement from 46 US defense contractors and blacklisting 10 American companies from receiving Chinese dual-use exports. The Ministry of Finance announced the restrictions, targeting firms in defense and rare earth sectors.

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