Under pressure from Beijing’s chokehold on rare earths and the simmering feud over chipmaker Nexperia, EU officials have been asked to tone down their public rhetoric on Beijing, even as the bloc moves forward aggressively with its de-risking plans. Brussels is in “de-escalation mode”, several official sources confirmed, as it looks to convince China to issue more licences for the export of the critical minerals vital to hi-tech manufacturing and ensure the supply of chips from beleaguered…
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