Chinese Shares Down on New Tariff Threats, Export Curbs, Shandong jinlyng Mining Down 3%

Published on 10/13/2025 at 04:13 am EDT
(MT Newswires) -- Chinese shares were down on Monday amid renewed tensions between China and the US following new tariff threats and export controls.
The Shanghai Composite Index, the main gauge of Chinese stocks, edged down 0.2% to 3,889.50. The Shenzhen Component Index fell 0.9% to 13,231.47.
U.S. President Donald Trump threatened to raise the tax on China's exports to the US after China placed restrictions on the export of rare earths.
China has criticized Trump's newly announced 100% tariffs on Chinese goods as hypocritical, while defending its export restrictions on rare earth elements and related equipment.
Meanwhile, the US said it reached out to Chinese officials following Beijing's announcement it was expanding its rare earth export controls, but China deferred.
On the economic front, China's dollar exports increased 8.3% year over year to $3.286 trillion in September. Economists polled by Reuters expected exports to rise 6%.
In company news, Shandong Jinling Miningposted third-quarter attributable net profit of 70.2 million yuan, up 0.3% from the previous year. Shares of the miner were down 3% Monday.

Sumber : MT Newswires