Hey folks, ever heard about a power play in the world of minerals? 🎲 On Thursday, Beijing's Foreign Ministry spokesperson Guo Jiakun called out the G7 nations, asking them to ditch 'self-made rules' and respect the international trade order.
Why does this matter? The G7, made up of leading economies like the US, UK, Japan, Germany and others, is reportedly planning a new critical minerals alliance to balance China's market lead. These minerals (think lithium for your phones and batteries!) are crucial for tech and clean energy. 🔋
China says it's already improved its export control system to align with global norms and support peace, stability and non-proliferation goals. Guo stressed that any extra block on exports could shake up markets and slow down the digital and green revolutions that we care about so much. 🌱
The ask is simple: follow market economy principles, stick to agreed trade rules, and collaborate for a stable global economy. No one likes sudden rule changes, especially when it could mean pricier gadgets or slower progress on clean tech. 🌏🤝
As we scroll through our feeds, it's a reminder that what happens at high-level trade talks can affect our everyday lives—from the cost of your next smartphone to the speed of EV adoption in your city. Stay tuned—this space is heating up! 🔥
Reference(s):
cgtn.com
