Vietnam is seeking to develop its rare earth industry at a time when global demand for such minerals is increasing. Its motivations are not merely economic, but also strategic.
With increasing stakes in Afghanistan's vast mineral and energy deposits, China is engaged in resource politics in the war-wracked but resource-rich country. Maintaining control of the country's strategic mineral and energy reserves is the name of China's new great game in Afghanistan.
For mineral resources as well as various military and strategic reasons, the great powers of the world are reviving their interest in the moon. While US-China competition is strong, one should not forget that the US is actually the only country capable of establishing bases on the moon and putting its flag on large swathes of the moon in the next decade.
The China-US tech war has heated up again as China imposes export restrictions on two rare metals widely used in strategic emerging industries. Lianhe Zaobao correspondent Yang Danxu notes that this is a tit-for-tat move against the US for its export restriction of advanced chips and chipmaking technology to China. How will this latest move in the tech war affect the semiconductor industry and China-US relations?
Acknowledged as a key industry in the National Mid-Term Development Plan 2015-2019, Indonesia's nickel industry has witnessed significant investments, especially from China. While the industry faced a boom from the Russian-Ukraine conflict and the easing of China’s zero-Covid policy, the unchecked growth of Class 2 nickel production from Indonesia could cause oversupply in global markets and suppress the commodity’s price. In crafting new policies, Indonesia must also prioritise stronger social and environmental safeguards.
Extreme weather and declining water levels at hydropower reservoirs in Sichuan are sparking worries of a power crunch across China. This has forced electricity cuts to businesses and households in the province of 84 million people, along with loud calls for a rethink of coal in the nation’s energy mix, putting a spanner in the works of its goal to reach peak carbon emissions by 2030.
Ukrainian academic Olga Brusylovska explains why the world economy and food supply are in turmoil from the Russia-Ukraine war, and how the war is also affecting China-Ukraine relations and China's trade and investments in Ukraine.
China's "Foundation Plan" for iron ore has gained much official support, and is aimed at reducing reliance on foreign sources of iron, including Africa and Australia. The only way to do this effectively is for China to ramp up mining of its own iron resources. However, these resources are scattered and difficult to access, and of lower grade. This means China has its work cut out if it is to succeed.
Sandwiched between Russia to the north and China to the south, landlocked Mongolia has always had tough choices to make in its foreign policy strategies. Towards China, which it used to be a part of and continues to share kinship ties with the autonomous region of Inner Mongolia, it harbours historical suspicion. But with China being its top export destination and key investment partner, the head may rule the heart.