China Sanctions 10 US Defense, Rare Earth Firms, Restricts 46 From Govt Procurement Weeks After Pentagon Blacklist

China said on Monday that it will add 10 American firms to its export control list, including two rare earth firms MP Materials and USA Rare Earth, while also restricting 46 US firms from government procurement, signalling it would respond to Washington’s recent expansion of a military blacklist, even amid a broader stabilization of bilateral ties, the SCMP reported. The Ministry of Commerce said in a statement on Monday that the 10 American firms to be added to the export control list were AVEOX (Simi Valley, California) Red Cat Holdings and Teal Drones (South Salt Lake, Utah) IMSAR (Springville, Utah)…