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Benzinga
Benzinga
Business
Anusuya Lahiri

China Tightens The Screws On Rare Earths, But Who's Feeling The Heat?

NIO BABA PDD China Alibaba Earth BIDU XPEV Baidu Nvidia
Neodymium,Stone,,Part,Of,The,Rare,Earth,Group,,The,World's

U.S.-listed Chinese stocks, including Alibaba (NYSE:BABA), Baidu (NASDAQ:BIDU), PDD (NASDAQ:PDD), Nio (NYSE:NIO), and XPeng (NYSE:XPEV), extended losses amid escalating geopolitical tensions between Beijing and Washington.

This market pressure intensified after China tightened its rare earth export controls on Thursday, a strategic move ahead of upcoming trade talks. The new regulations, which add five new elements and expand oversight for semiconductor users, aim to bolster Beijing’s control over these critical materials.

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