In an era of resource competition: China defends fairness in the critical minerals market

The time spent negotiating critical minerals is becoming increasingly valuable amid rising geopolitical tensions. At a press conference in early February, a representative from China’s Ministry of Foreign Affairs commented on a proposal put forward by several foreign ministers in Washington. According to Bloomberg and Jin10 reports, this proposal aims to establish a critical minerals partnership to reduce dependence on Beijing.

China’s Position: Stability and Responsibility in the Global Supply Chain

Official spokesperson Lin Jiang emphasized China’s unwavering stance on maintaining stability and security in the global critical minerals supply chain. He believes this is not a narrow-focused policy but a responsible approach that serves the interests of all participants in the global market. Lin Jiang highlighted that each country should contribute constructively to ensuring the reliability and transparency of this strategic segment of the world economy.

Principles of Fair Trade and the Role of Each Country

Regarding the joint memorandum between Europe and the United States, China insists on adhering to the principles of a market economy and international trade norms. According to Chinese leadership, this approach promotes dialogue among all interested parties. The MFA representative also noted that the only real path to prosperity is through joint efforts to ensure stability and reliable operation of the international supply chain, which will contribute to sustainable economic development globally.

Common Development as the Foundation of Mutual Prosperity

China’s position reflects an understanding that, amid global competition for critical resources, constructive dialogue and cooperation remain preferable to alternative approaches. Only through mutual understanding and adherence to international norms can all countries achieve their economic goals while ensuring stability and fairness in global markets.