China has launched a sweeping campaign against the illegal export of strategic minerals, calling it a critical move to protect national security and stabilize global supply chains. Authorities revealed plans to tackle smuggling networks using tactics like false declarations and rerouting exports through third countries. 💼🌐
The announcement follows a high-level meeting in Shenzhen, where officials from the Ministry of Commerce, Public Security, and Customs pledged tighter controls and cross-agency collaboration. ‘Strategic minerals are foundational to China’s development and security,’ officials stressed, highlighting risks to industries like tech and green energy.
With global demand for rare earths and other minerals soaring, this crackdown could ripple through markets worldwide. Analysts say tighter controls may affect prices for smartphones, EVs, and renewable tech—making this a key watchpoint for investors and entrepreneurs. 📱🚗⚡
