In a move that underscores the deepening geopolitical rivalry between Washington and Beijing over strategic industries, China on October 14, 2025, announced sanctions against five US-based subsidiaries of a South Korean shipbuilder. The sanctions, implemented under China’s Anti-Foreign Sanctions Law, banned Chinese firms from doing business with listed entities.
In further extending its hold over critical technologies, China deepened its control over the rare earth sector earlier this month, broadening restrictions from raw materials to critical processing and manufacturing technologies. Beijing imposed a stringent export licensing regime on technologies related to the entire rare earth value chain.
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