How to break China’s stranglehold over the energy transition ...Middle East

The fundamental laws of supply and demand hold true to the extent that markets are free, transparent and competitive. This is not the case with critical minerals. And China — which controls 50 to 90 percent of key components within the clean energy supply chain — likes it that way. The United States must lead the retaking of the commanding heights of the new energy economy. To do so, America should readjust its thinking, reassess its allies and institutions and reinvent economic statecraft. Free nations know that they must increase mineral investments beyond China’s control. But to succeed, they should establish guards to prevent China from using its market power to undercut and ban

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Last updated : 13 July 2023 clock 08:13 PM

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How to break China’s stranglehold over the energy transition ...Middle East

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