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.
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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