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'Not very transparent': Germany slams China's curbs on rare-earth exports; damaging relations as reliable trading partners, says foreign minister

'Not very transparent': Germany slams China's curbs on rare-earth exports; damaging relations as reliable trading partners, says foreign minister

Time of India16 hours ago
Germany has raised concerns over China's new export restrictions on rare earth materials, accusing it of creating uncertainty for businesses and hurting trade between the two countries.
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Speaking in Berlin on Thursday, German foreign minister Johann Wadephul said China's 'unilateral and often not very transparent' rules were damaging its reputation as a reliable partner.
'This uncertainty is damaging our trade relations and also damaging China's image in Germany as a reliable trading partner overall,' Wadephul said at a press conference alongside China's top diplomat, Wang Yi.
Since April, China has required companies to get licences before exporting rare earths, key materials used in electric vehicles, wind turbines, and electronics.
China is the world's biggest supplier of these materials, producing nearly two-thirds of all rare earths and over 90% of refined output, according to the International Energy Agency.
Wang defended the restrictions, saying the materials have both civilian and military uses and that China had the right to control their export. 'This is part of our sovereignty,' he said.
To ease concerns, China recently proposed creating a 'green channel' to make it easier for rare earth exports to the EU, but many companies remain worried about disruptions to supply.
Wadephul also raised the issue of China's ties to Russia and the war in Ukraine, warning against the supply of goods that could support Russia's military.
Wang responded firmly, saying: 'We are striving for peace and negotiation. We are not supplying lethal weapons to the parties involved in the conflict.'
China says it is neutral in the war, but Western countries argue that Beijing's trade and diplomatic support has helped Russia continue its offensive.
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Despite the disagreements, both sides stressed the need for continued cooperation. Wadephul said Germany and China must work together to tackle global problems, even as tensions grow over trade and security.
Wang's visit to Berlin was part of a wider European tour that includes France and Brussels, where he is trying to present China as a stable partner in contrast to the United States under US president Donald Trump's leadership.
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Ageing population, labour crunch prompt Germany to open doors for skilled migration
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Ageing population, labour crunch prompt Germany to open doors for skilled migration

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Beyond France: Europe's air travel system struggles to cope with post-Covid demand
Beyond France: Europe's air travel system struggles to cope with post-Covid demand

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Beyond France: Europe's air travel system struggles to cope with post-Covid demand

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OYO-owned European holiday home brand DanCenter plans to add 250 vacation homes in India in FY26
OYO-owned European holiday home brand DanCenter plans to add 250 vacation homes in India in FY26

Time of India

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  • Time of India

OYO-owned European holiday home brand DanCenter plans to add 250 vacation homes in India in FY26

Travel tech unicorn OYO on Friday said its European holiday home brand DanCenter plans to add 250 vacation homes in India in the current financial year amid rising demand for premium, well-managed vacation homes across the country. DanCenter added 50 vacation homes in the first quarter of this financial year and plans to add 200 more such properties by the end of this fiscal. DanCenter now has a network of vacation homes in Lonavala in Maharashtra, Kufri in Himachal Pradesh, Ramgarh in Uttarakhand, Chennai and Mahabalipuram in Tamil Nadu, Idukki in Kerala, Jaipur in Rajasthan, Bangalore in Karnataka & Delhi. The offerings include luxury villas and serviced apartments. DanCenter is also planning to enter new regions such as Telangana and the North-East in the times to come. "This strategic expansion is designed to meet the rising demand for premium, well-managed vacation homes across the country," OYO stated. Live Events Dancenter, a legacy Danish brand founded in Denmark in 1957, was acquired by OYO Vacation Homes in 2019. Since then, the company has expanded its presence in Europe significantly. Dancenter was launched in India in Goa in February 2025 with premium villas and apartments.

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