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Investors cannot discount China’s edge in rare earth metals
China’s export machine is roaring again, just as its trade confrontation with America enters its most fractious phase in years. The country’s shipments jumped 8.3% in September from a year earlier, comfortably exceeding forecasts and accelerating from August’s growth. Imports rose by 7.4%, suggesting that the industrial base underpinning China’s trade power remains resilient despite tariffs, sanctions and the thickening fog of geopolitical hostility. The numbers have landed at a delicate moment. In Washington, officials are hinting that the current three-month pause in import duties could be extended — but ... (full story)