The Wall St Journal is reporting that Beijing is looking into designing a new system in facilitating its rare earth exports, one that will exclude firms with ties to the US military, according to the people familiar with the plan. The new system is dubbed the "validated end-user" system (VEU) and will make it more difficult or complicated for automotive/aerospace firms that are involved in both civilian and defence sectors.The whole idea is to fast-track export approvals for other firms but not ones that are known to be involved with the US military. For some context, these rare earth magnets are also needed for military usage in the makings of fighter jets, submarines, and drones. Anyway, that means Xi is still able to keep his pledge to Trump somewhat but again, it's not exactly what was agreed to surely.The sources say that Beijing's plan could still change until the actual system is implemented but the general idea here seems to be that they are looking for a way to skirt around the deal made with the US. Not that it is all too surprising as this will also eventually see agriculture imports from the US die down in the months ahead, as we've seen happen before. Something, something promises are meant to be broken. This article was written by Justin Low at investinglive.com.