China bans 46 US firms from government procurement and targets rare earth exports

Financial Times—China has imposed sweeping new restrictions on dozens of American companies, including banning 46 US firms from government procurement contracts and placing new export controls on rare earth companies and other strategic sectors. Separately, China restricted trading with some US rare earth firms under financial regulations. The measures represent Beijing's most comprehensive retaliation yet against the US defense and technology supply chain.

• Financial Times — China restricted trading with some US rare earth companies under financial rules
• Xinhua — Xinhua confirmed China barred 46 US companies from government procurement
• Semafor — China imposed restrictions on US rare earth companies
• Nikkei Asia — China imposed both export controls and procurement bans on dozens of US firms
• Nikkei Asia — China imposes new controls on dozens of US companies
• Wall Street Journal — China slapped restrictions on dozens of US companies
• Reuters — China targeted US rare earth and other firms with export controls