CommoditiesTrade

U.S. Rare Earth Stocks Rally as Nations Challenge China’s Supply Chain Dominance

U.S.-listed rare earth companies saw significant premarket gains as investors assess export restrictions and supply chain dynamics. China currently controls approximately 70% of global rare earth production, prompting other nations to develop domestic alternatives. Industry experts suggest the supply situation could impact electric vehicles and commercial technology sectors.

Premarket Trading Surge

U.S.-listed companies within the rare earth sector experienced notable gains in premarket trading activity, according to market reports. The upward movement reportedly reflects ongoing investor assessment of export restrictions and their potential impact on domestic producers. Market analysts suggest this trading pattern indicates growing confidence in alternative supply chain development outside dominant production regions.

EconomyTrade

China’s Economic Expansion Moderates Amid Trade Tensions and Property Sector Challenges

China’s economic growth moderated in the third quarter amid ongoing trade tensions and property market challenges. The latest data shows GDP expanded 4.8% year-on-year, down from previous quarter’s 5.2% growth.

Economic Growth Moderates in Latest Quarter

China’s economic expansion showed signs of moderation in the third quarter, with GDP growing 4.8% year-on-year between July and September, according to recent reports. This represents a slowdown from the second quarter’s 5.2% growth rate, sources indicate, as the world’s second-largest economy navigates ongoing trade tensions and persistent property sector challenges.