Beijing fulfilling export pledge to Washington

China's exports of rare earth magnets to the United States soared more than six-fold in June compared to the previous month, clearly showing Beijing's swift action to deliver on its pledges made during the earlier round of trade talks with Washington, analysts said.

Sustaining this positive momentum will require continued goodwill from not only Beijing but also from Washington, they said, calling on the United States to further lift trade restrictions against China and find more mutually acceptable solutions to their remaining differences.

Outbound shipments of rare earth magnets from China to the US surged to 353 metric tons in June, a 660 percent increase from the previous month's levels, according to the General Administration of Customs.