Rare earth exports from China declined marginally in April, falling by 0.2 percent compared to the previous year. This was reported by The Economic Times, among others, citing data from the Chinese customs administration. In total, exports of the critical minerals amounted to 4,566 tons last month; in April 2023, the figure was 4,574 tons. In March, exports had still increased by almost six percent year-on-year to around 4,710 tonnes (we reported).
According to Reuters, the other data on imports and exports from the People’s Republic were positive, indicating an improvement in demand at home and abroad. Beijing’s numerous political support measures in recent times had also helped to stabilise the economic situation. However, analysts expressed scepticism as to whether the upturn was sustainable, Reuters added.
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