China calls for strengthening cooperation after US says Beijing will expedite rare earth exports

BEIJING: China on Friday (June 27) called for strengthening cooperation with Washington, in response to a question on whether Beijing could provide more details on the framework of implementing the Geneva trade talks consensus.

AI Brief

China urges better US-China communication to strengthen cooperation and reduce misunderstandings.
Beijing agreed to remove some trade barriers from April 2 but details remain unclear.
Both countries reached a deal to fast-track rare earth exports to the US to ease trade tensions.

"(We should) leverage the China-U.S. economic and trade consultation mechanism, enhance mutual understanding through communication and dialogue, reduce misunderstandings, strengthen cooperation, and promote the stable, healthy, and sustainable development of China-U.S. relations," said foreign ministry spokesperson Guo Jiakun.

During U.S.-China trade talks in May in Geneva, Beijing committed to removing non-tariff countermeasures imposed against the United States since April 2, although it was unclear how some of those measures would be walked back.

On Friday, China's commerce ministry said Beijing will approve export applications of controlled items in accordance with the law. It did not mention rare earths.

A White House official said on Thursday (June 26) the United States has reached an agreement with China on how to expedite rare earth shipments to the U.S., amid efforts to end a trade war between the world's biggest economies.