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China tightens grip on rare earths as its economy wanes

China’s economic growth is slowing, but it is trying to strengthen its stranglehold on critical minerals such as graphite, amid a US strategy to derisk from China.

Michael Smith
Michael SmithHealth editor

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Tokyo | China is trying to tighten its stranglehold on the world’s critical minerals as the traditional engine rooms of its huge economy – property and manufacturing – come under increasing strain.

Facing unprecedented threats to China’s decades-long streak as an economic powerhouse, Xi Jinping’s government is determined to stave off a United States-led push to isolate its access to key technology and break its grip on the minerals needed for high-tech manufacturing.

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Michael Smith is the Health Editor for The Australian Financial Review. He is based in Sydney. Connect with Michael on Twitter. Email Michael at michael.smith@afr.com

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    Original URL: https://www.afr.com/world/asia/china-tightens-rare-earths-grip-as-economy-wanes-20231129-p5ente