China opposes US plan for critical minerals trade

Chinese Foreign Ministry spokesperson Lin Cien stated at a press conference in Beijing, “An open and inclusive international trade system is in the common interest of all parties.”

Lin emphasized that China opposes any country attempting to disrupt the international economic and trade order by creating small interest groups that impose their own rules.

At the US State Department yesterday, a critical minerals ministerial meeting was held with participation from more than 50 countries. US Vice President JD Vance stated at the meeting that the goal is to create a preferential trade zone supported by enforceable floor prices and protected from external disruptions to make the global critical minerals market healthier and more competitive.