China commerce ministry:
China is reviewing applications for export licenses of controlled items in accordance with laws and regulationsHopes US to continue to work with China in the same direction and further correct wrong practicesUS has informed China on canceling restrictive measures against ChinaTeams on both sides are stepping up efforts to implement the outcomes of the London frameworkHope US will jointly promote China-US economic and trade relations in a stable and far-reaching manner
London framework was ‘hard-won’, dialogue and cooperation is the right way
That first point sounds positive for rare earths is my guess.
This article was written by Eamonn Sheridan at www.forexlive.com.