鈥淐hina will approve the export applications of controlled items that meet the conditions in accordance with the law. The United States will cancel a series of restrictive measures taken against China accordingly,鈥 the statement said.
鈥淚t is hoped that the United States and China will meet each other halfway.鈥
When asked at a daily press conference whether this included expediting rare earth exports, Chinese Foreign Ministry spokesman Guo Jiakun provided no further detail.
Earlier, US Commerce Secretary Howard Lutnick told Bloomberg: 鈥淭hey鈥檙e going to deliver rare earths to us鈥 and once they do that 鈥渨e鈥檒l take down our countermeasures鈥.