China devises plan to keep US military from getting its rare-earth magnets, WSJ reports


(Reuters) -China plans to ease the flow of rare earths and other restricted materials to the U.S. via a system that will exclude companies with ties to the U.S. military while fast-tracking export approvals for other firms, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Reuters could not immediately verify the report.

(Reporting by Abu Sultan in BengaluruEditing by Shri Navaratnam)