Ministry of Science and Technology

China tightens rules for rare earths mining and refining, spells out fines for breaches

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To improve oversight of the industrial chain, government agencies will coordinate and manage the mining and refining of the ores and ensure that the products can be traced. The regulation is designed to protect and “rationally develop” rare earth resources while safeguarding the environment and securing the country’s resources, according to the document. 03:36 China … Read more

ByteDance rejects US report about its purported plan since 2022 to divest TikTok’s operations in America

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TikTok owner ByteDance has again denied that it considered divesting the US operations of its popular short video platform, in response to a report by The Washington Post on Wednesday that such a plan existed in 2022. In a brief statement on Thursday, Beijing-based ByteDance called on Chinese social media not to spread such misinformation … Read more