China has suspended exports of certain rare earth products to Japan, with the Ministry of Foreign Affairs saying that the ban targets military-related uses. The ministry said the move aims to counter Japan’s remilitarization efforts and pursuit of nuclear weapons.
NEWS SUMMARY
Chinese shipbuilders have secured more than 90% of global orders for very large crude carriers.
Alibaba has reached multiple cooperation agreements with Pakistan.
The Hong Kong Stock Exchange responded to rumors about its plans for computing power futures, saying it has no comment at the time but will announce any relevant information in the future.
Contact editor Lin Jinbing (jinbinglin@caixin.com)
