China Tightens Grip on Critical Mineral Exports
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China is tightening export controls on critical minerals, particularly rare earth elements, amid rising US pressure. Regions like Guangxi, Guizhou, and Hunan are increasing inspections and cracking down on illegal mining to ensure compliance with Beijing's directive for 'whole-chain' control. This move reinforces China's dominance in the global supply of these minerals crucial for electronics, EVs, and defense systems, further escalating US-China tensions.
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