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Recent Editions
Risk Channel
North America
China has imposed trade restrictions on dozens of U.S. companies, including rare earth producers MP Materials and USA Rare Earth, in response to Washington’s decision to expand its list of Chinese companies allegedly linked to the military. China’s Commerce Ministry added 10 U.S. defense companies to its export control list, preventing them from receiving Chinese products with potential military applications. The restrictions also extend to businesses operating in sectors including drones, robotics and aerospace. The inclusion of MP Materials and USA Rare Earth is particularly significant given the strategic importance of rare earth minerals in defense systems, advanced electronics and renewable energy technologies. Both companies are investing heavily to expand domestic U.S. production and reduce reliance on Chinese supply chains.
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Risk Channel
UK/Europe
Reuters reports that US curbs on AI - including the White House ordering San Francisco-based Anthropic to suspend access to its Fable 5 and Mythos 5 models for foreign nationals - are encouraging European companies to spread the technology's risk across multiple providers and reinforcing the need for a greater number of domestic alternatives. "You need flexibility," Cedrik Neike, chief executive of Digital Industries at Siemens, told Reuters. "Sovereignty often gets confused with autarky (economic self-sufficiency), and autarky is absolutely not the way to do it." Siemens uses Chinese models such as DeepSeek and Alibaba's Qwen alongside U.S. and European models.
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