Reported about 6 hours ago
In a strategic move under Xi Jinping's Belt and Road Initiative, China invested over $21 billion in overseas mining activities last year, cementing its dominance in the metals supply chain. This increased engagement aligns with concerns from Western nations about over-reliance on China, particularly as Beijing restricts exports of critical metals like tungsten. China controls over half of the global production of battery metals and a significant portion of rare earth elements, leveraging its influence amid ongoing international trade tensions.
Source: YAHOO