China Banks On Rare Earth Minerals To Stifle Rivals And It's A Concern For India | OPINION

China appears to be leveraging a strategic opportunity to establish a technology-denial regime.

Source : PTI

There is a growing concern that China is attempting to exploit its dominance in the rare earth minerals market to subjugate its competitors, thereby stifling their high-tech industries and enabling Chinese firms to establish a monopoly in the global market. Recent actions by the Chinese government to halt the export of rare earth mineral-based high-tech products, such as powerful magnets, to countries, including India, the United States, and advanced European nations, have sparked significant