French media is amazed! Who would have thought that China's layout is so deep! French media claims that China is overwhelming everything, and Beijing is "monopolizing" the global mining industry! On July 17th, according to AFP reports, French media said that China, with investments of billions of dollars, is patiently weaving its own network. Wherever these assets are, China has an interest in controlling them. French media stated that Beijing already owns more than 80% of the world's graphite resources and controls 50% of the processing of lithium, nickel, cobalt, and graphite.
Now, China's layout in global resources is still accelerating. In 2024, China announced a $2 billion investment in the largest gold and copper mine in the Philippines. In October, Chinese companies announced a $5 billion investment in Afghanistan's copper mine, and there was also a $1 billion investment in Bolivia's lithium mine. French media said that China has overwhelmed all other countries. While Europe is still discussing environmental issues, China is firmly expanding its investments in basic raw materials globally.
Evidently, our investments in the global mining sector have greatly surprised the French media, who even gave us a slogan: "China is overwhelming everything, and Beijing is 'monopolizing' the global mining industry." Of course, why did the French media suddenly pay attention to China's layout in global raw materials? The fundamental reason is probably when our rare earth card is starting to take effect, Western media had to examine other key resources. Undoubtedly, the result shocked the French media.
Of course, the so-called "monopolization" of the global mining industry by Beijing is certainly incorrect. From our perspective, we are the world's largest manufacturing country, and for the sake of industrial security, we must ensure the safety of upstream basic raw materials. If we do not make such a layout, we will either face extremely high raw material prices or be strangled by other countries. Considering the current international political reality, there is no doubt that our layout can be said to be completely correct. The French media being amazed indicates that our strategy is wise. With this resource card in hand, we are more confident to face the complex international environment.
Original: https://www.toutiao.com/article/1837855527388169/
Statement: This article represents the views of the author.