G-7 Weighs Joint Reply to China Rare Earths | JQJO

Finance chiefs from the Group of Seven will weigh a joint response to China’s planned move to control the global supply of rare earths, officials said Wednesday. Germany’s finance minister, Lars Klingbeil, told reporters the G-7 meeting later today will discuss a common approach and potential targeted measures, while warning against steps that could backfire on their own economies.