China Expands Strategic Mineral Toolkit With New Investment Firm
AI Summary
China has launched a new Beijing-backed mining investment firm intended to strengthen its control over strategic mineral resources overseas. This move counters US and European efforts to limit China's dominance in global mineral supply chains.
A new, Beijing-backed mining investment vehicle is aimed at bolstering China’s grip on overseas resources, as the country pushes back against US and European efforts to curb its dominance of the mineral supply chain.
World Politics Markets Deals Commodities China strategic minerals investment firm mining supply chain US-China relations market control