Beijing has been warned if it tries to cut critical mineral exports to the United States, it will face a hostile reception.
Speaking at a private forum in Melbourne hosted by Hamilton Wealth Partners, former Australian ambassador to the U.S. and former federal treasurer, Joe Hockey, said that there had been discussions in the U.S. that there was a potential next year for Beijing to cut back the supply of critical minerals to the west, The Australian newspaper reported.
“In terms of critical minerals, my concern is—and there has started to be a few reports in the U.S. suggesting this—is that after the midterm elections, and with a re-empowered [Chinese Leader] Xi Jinping, as of next year, China will start to turn down the tap on the supply of critical minerals to the U.S. and other places,” Hockey said….