Business Brief (Dec. 10): China Addresses Rare Earth Export Delays to Japan

Published: Dec. 10, 2025 12:22 p.m. GMT+8

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China Addresses Rare Earth Export Delays

The Ministry of Foreign Affairs stated that authorities are processing rare earth export items in accordance with laws and regulations, following reports of delays in shipments to Japan.

Silver Hits Record High

Spot silver prices surged 4.33% to a record $60.67 an ounce on Tuesday, outperforming gold with a year-to-date gain of over 108%. The rally was driven by market expectations that the U.S. Federal Reserve will announce a 25-basis-point interest rate cut concluding its meeting on Wednesday.

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China processes rare earth exports per regulations after reported delays to Japan; silver hits a record $60.67/oz, up 108% YTD, amid Fed rate cut expectations.
Former Huarong executive Bai Tianhui was executed for taking over $151 million in bribes.
9,661 Chinese bank branches closed in 2024; rural banks most affected, and 377 banks dissolved from mergers or liquidation.

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Who’s Who

China Huarong International Holdings Ltd.: China Huarong International Holdings Ltd. is a company whose former general manager, Bai Tianhui, was executed for accepting bribes. He was convicted of taking over 1.1 billion yuan ($151 million) in bribes between 2014 and 2018.

Bain & Co.: According to the article, Bain & Co. reported that China's fast-moving consumer goods market experienced an increase in sales volume during the first three quarters, even though prices had fallen. Their report also highlighted that lower-tier cities were responsible for nearly 80% of this growth.

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