China Mimics US Extraterritorial Controls

China expanded rare‑earth export controls to add more elements, refining technologies, and licensing that follows Chinese inputs and equipment into third‑country production. This extends Beijing’s reach beyond its borders much like U.S. semiconductor rules, while it also blacklisted foreign firms it deems hostile. With China processing over 90% of rare earths, compliance and supply‑risk pressures will spike for chip and defense users. — It signals a new phase of weaponized supply chains where both superpowers project export law extraterritorially, forcing firms and allies to pick compliance regimes.