China controls the global supply of rare earths, a group of minerals critical to the production of high-tech products, from cell phones and televisions to missile defense systems. By imposing increasingly stringent quotas on export supplies and thus driving up rare earth prices, analysts say China appears intent on provoking its international trading partners to take action.

Extracting and processing the group of 17 rare earth minerals is a costly and polluting process, which …

Taken from:
China Denies Ulterior Motives for Cutting Rare Earths Supply

About the author

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

Global Woes Cast Shadow over ASEAN+3 Growth

The continuing strict dynamic zero-COVID policy and real estate sector weakness in China and potential recessions in the United States and the euro area are weighing on the region’s outlook.

China continues to lead global e-commerce market with over $2 trillion sales in 2022

China accounted for over 37% share in the global e-commerce market, in terms of payments value in 2021. The country was followed by the US with $1.5 trillion, while the UK stood at a distant third with $292.1 billion in 2021