Boeing's recent key approval from China's aviation regulator means it is expected to accelerate the end of the freeze on Boeing 737 MAX deliveries. Although the move is seen as China's green light for Boeing deliveries, Chinese airlines actually have a variety of options, such as in July last year, when China ordered 292 Airbus aircraft. Boeing's move is expected to solve the immediate dilemma, but with the United States plans to raise tariffs on some products in China, Sino-US economic and trade cooperation is facing new challenges.
The U.S.** has recently revisited discussions about imposing tariffs on Chinese goods, especially on Chinese electric vehicles. The U.S. has raised tariffs on Chinese electric vehicles and other products in an effort to reduce dependence on China's economy while also protecting the U.S. green energy industry. The Chinese side has stressed its opposition to the protectionist behavior of the United States and said that it will take corresponding measures to counter it. China's recent announcement of a ban on the export of certain rare earth processing technologies will have a significant impact on the production of heavy rare earths.
Although there is a perception that China's move may be intended to thwart efforts to develop the rare earth industry outside of China, the Chinese side has made it clear that it is a concrete measure to adapt to the changing situation of technological development, and has always insisted on creating positive conditions for promoting international economic cooperation.
In contrast, not only does China's ban not target other countries, but China has chosen to implement tax cuts and preferential tax rates for some countries in order to support and help the least developed countries accelerate their development.