China borrowed US playbook and is now hitting back at its trade games

China is now using American trade tactics. Beijing requires foreign firms to get government approval to export magnets with Chinese rare earth materials. This move mirrors a US policy used to restrict China’s access to technology. China is learning from past trade wars and has created its own ‘unreliable entity list’ and anti-sanction laws. China is now using American trade tactics. Beijing requires foreign firms to get government approval to export magnets with Chinese rare earth materials. This move mirrors a US policy used to restrict China’s access to technology. China is learning from past trade wars and has created its own ‘unreliable entity list’ and anti-sanction laws.