German Finance Minister discusses rare earth exports with China’s vice premier

Investing.com -- German Finance Minister Lars Klingbeil said Monday that China’s Vice Premier He Lifeng expressed willingness to find a solution on rare earths during their meeting in Beijing.

Klingbeil reported that steel tariffs were also discussed during the talks, with both sides agreeing to work toward a common solution on overcapacities.

The German minister said he conveyed to Chinese officials that Germany is closely monitoring the situation in Taiwan.

According to Klingbeil, Chinese officials expressed confusion about Germany’s 5G policies. In response, he explained that Germany’s approach aims to strengthen resilience in its telecommunications infrastructure.

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