China's Xi Jinping Plans CEO Delegation as November Rare Earth Deadline Looms

Highlights

• China's expanded rare earth export controls suspension expires November 10, 2026, giving Beijing significant leverage over U.S. industrial supply chains.
• Xi Jinping reportedly plans a large CEO delegation for the September 24 Washington summit, with rare earth licenses potentially on the negotiating table.
• The U.S. remains years away from replicating China's rare earth separation, refining, and permanent magnet ecosystem despite multibillion-dollar investments.
• The SCO Bishkek summit signaled that Western pressure has not isolated Iran from major Eurasian powers, complicating U.S. strategic positioning.
• Rare earth chokepoints and the Strait of Hormuz are emerging as parallel instruments of great-power competition in what REEx calls Great Powers Era 2.0.