Latest news with #TheJapanTimes
Times of Oman
an hour ago
- Business
- Times of Oman
Australia, India, Japan, US declare economic war on rare earth empire
Washington, DC: Foreign ministers from the Quad nations- Australia, India, Japan, and the United States- convened in Washington earlier this month and unveiled a robust strategy designed to counteract China's influence in the Indo-Pacific, as reported by The Japan Times earlier this month. The leaders launched the Quad Critical Minerals Initiative, explicitly targeting China's monopolistic dominance of rare earths and critical materials vital to defence and high-tech industries. The joint statement affirmed their determination "to uphold a region free from coercion" and oppose "any unilateral actions that seek to change the status quo by force or coercion". In language thinly veiled yet unmistakably directed at Beijing, the Quad ministers expressed "deep concern" about the reliability of supply chains dependent on a single actor and criticised China's economic pressure tactics, price manipulation, and threat to critical infrastructure security. At the summit hosted by US Secretary of State Marco Rubio, the Quad countries committed to diversifying their sources of lithium, nickel, graphite, and other strategic minerals. Rubio emphasised that resilience in supply chains is essential to safeguard against Beijing's ability to weaponise trade flows, reinforcing the need for allied cooperation to break free from China's industrial grip. Analysts see this move as part of a broader strategy to economically sideline China. The Japan Times in its article on July 2 noted that the initiative is "an ambitious expansion" of the Quad's partnership and a clear attempt to undercut Beijing's regional leverage. China's dominance in critical mineral processing has raised alarms about future industrial disruption and geopolitical manipulation. Strategic voices within and outside of the group warn against complacency. Former Australian Prime Minister Scott Morrison, speaking at a US congressional hearing, recalled Beijing's retaliatory trade sanctions against Australia and urged deeper coordination with Quad partners to counter Chinese economic coercion. Likewise, former US ambassador Rahm Emanuel advocated for a NATO-style "anti-coercion coalition" pooling diplomatic and economic power to deter Beijing's global bullying. China's muted response to the Quad communique marks a notable departure from its past alarm, leading analysts to suggest that Beijing may be quietly assessing its options as its dominance over rare earth markets comes under strain. Beyond critical minerals, the Quad summit addressed broader challenges: increasing military assertiveness in the East and South China Seas, cyber threats, and North Korea's destabilising activity. All ministers reaffirmed their shared commitment to peaceful conflict resolution and rule-of-law principles in the region. While still informal, the Quad's evolving cohesion signals a significant shift in the Indo-Pacific security architecture. As The Japan Times reports, its bold new initiative sends a clear message: regional democracies will not tolerate Beijing's attempts at economic subjugation and geopolitical coercion. (
Times of Oman
an hour ago
- Business
- Times of Oman
Australia, India, Japan, US declare economic war on China's rare earth empire
Washington, DC: Foreign ministers from the Quad nations- Australia, India, Japan, and the United States- convened in Washington earlier this month and unveiled a robust strategy designed to counteract China's coercive influence in the Indo-Pacific, as reported by The Japan Times earlier this month. The leaders launched the Quad Critical Minerals Initiative, explicitly targeting China's monopolistic dominance of rare earths and critical materials vital to defence and high-tech industries. The joint statement affirmed their determination "to uphold a region free from coercion" and oppose "any unilateral actions that seek to change the status quo by force or coercion". In language thinly veiled yet unmistakably directed at Beijing, the Quad ministers expressed "deep concern" about the reliability of supply chains dependent on a single actor and criticised China's economic pressure tactics, price manipulation, and threat to critical infrastructure security. At the summit hosted by US Secretary of State Marco Rubio, the Quad countries committed to diversifying their sources of lithium, nickel, graphite, and other strategic minerals. Rubio emphasised that resilience in supply chains is essential to safeguard against Beijing's ability to weaponise trade flows, reinforcing the need for allied cooperation to break free from China's industrial grip. Analysts see this move as part of a broader strategy to economically sideline China. The Japan Times in its article on July 2 noted that the initiative is "an ambitious expansion" of the Quad's partnership and a clear attempt to undercut Beijing's regional leverage. China's dominance in critical mineral processing has raised alarms about future industrial disruption and geopolitical manipulation. Strategic voices within and outside of the group warn against complacency. Former Australian Prime Minister Scott Morrison, speaking at a US congressional hearing, recalled Beijing's retaliatory trade sanctions against Australia and urged deeper coordination with Quad partners to counter Chinese economic coercion. Likewise, former US ambassador Rahm Emanuel advocated for a NATO-style "anti-coercion coalition" pooling diplomatic and economic power to deter Beijing's global bullying. China's muted response to the Quad communique marks a notable departure from its past alarm, leading analysts to suggest that Beijing may be quietly assessing its options as its dominance over rare earth markets comes under strain. Beyond critical minerals, the Quad summit addressed broader challenges: increasing military assertiveness in the East and South China Seas, cyber threats, and North Korea's destabilising activity. All ministers reaffirmed their shared commitment to peaceful conflict resolution and rule-of-law principles in the region.
Time of India
2 hours ago
- Business
- Time of India
India steps up with Quad: Target on China's rare earth dominance; supply diversification seen as key
Foreign ministers of the Quad nations (Australia, India, Japan, and the United States) met in Washington and announced a comprehensive plan to address China's growing influence in the Indo-Pacific region, according to The Japan Times, quoted by ANI. The group introduced the Quad Critical Minerals Initiative to address China's control over rare earths and essential materials crucial for defence and technology sectors. Their joint declaration stated their commitment "to uphold a region free from coercion" and opposition to "any unilateral actions that seek to change the status quo by force or coercion". The Quad ministers expressed serious concerns about supply chains reliant on a single source and criticised China's economic pressure tactics, price control practices, and threats to essential infrastructure security. During the meeting chaired by US Secretary of State Marco Rubio, the participating nations agreed to diversify their sources of lithium, nickel, graphite, and other strategic minerals. Rubio stressed the importance of supply chain resilience to counter Beijing's potential trade leverage, highlighting the necessity for allied collaboration. According to The Japan Times' July 2 report, analysts view this development as part of a larger effort to reduce China's economic influence. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Learn More - How Donating Sperm May Support Your Income SpellRock Undo The publication noted that this initiative represents significant growth in Quad cooperation and aims to diminish Beijing's regional authority. China's control over critical mineral processing has generated concerns about potential industrial disruptions. Strategic experts emphasise vigilance. At a US congressional hearing, former Australian Prime Minister Scott Morrison discussed Beijing's trade restrictions against Australia and called for increased coordination among Quad members. Former US ambassador Rahm Emanuel suggested establishing an alliance similar to NATO to counter Chinese economic pressure. China's subdued reaction to the Quad announcement differs from previous responses, suggesting to analysts that Beijing might be carefully evaluating its position as its control over rare earth markets faces challenges. The Quad meeting also discussed other regional issues: military activities in the East and South China Seas, cybersecurity concerns, and North Korea's actions. The ministers reinforced their dedication to peaceful dispute resolution and international law. The Quad's strengthening partnership indicates an important development in Indo-Pacific security arrangements. The Japan Times noted that this initiative demonstrates regional democracies' united stance against Beijing's economic and geopolitical pressure tactics. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Economic Times
17 hours ago
- Business
- Economic Times
Australia, India, Japan, US declare economic war on China's rare earth empire
Foreign ministers from the Quad nations- Australia, India, Japan, and the United States- convened in Washington earlier this month and unveiled a robust strategy designed to counteract China's coercive influence in the Indo-Pacific, as reported by The Japan Times earlier this month. The leaders launched the Quad Critical Minerals Initiative, explicitly targeting China's monopolistic dominance of rare earths and critical materials vital to defence and high-tech industries. The joint statement affirmed their determination "to uphold a region free from coercion" and oppose "any unilateral actions that seek to change the status quo by force or coercion". In language thinly veiled yet unmistakably directed at Beijing, the Quad ministers expressed "deep concern" about the reliability of supply chains dependent on a single actor and criticised China's economic pressure tactics, price manipulation, and threat to critical infrastructure the summit hosted by US Secretary of State Marco Rubio, the Quad countries committed to diversifying their sources of lithium, nickel, graphite, and other strategic minerals. Rubio emphasised that resilience in supply chains is essential to safeguard against Beijing's ability to weaponise trade flows, reinforcing the need for allied cooperation to break free from China's industrial see this move as part of a broader strategy to economically sideline China. The Japan Times in its article on July 2 noted that the initiative is "an ambitious expansion" of the Quad's partnership and a clear attempt to undercut Beijing's regional leverage. China's dominance in critical mineral processing has raised alarms about future industrial disruption and geopolitical manipulation. Strategic voices within and outside of the group warn against complacency. Former Australian Prime Minister Scott Morrison, speaking at a US congressional hearing, recalled Beijing's retaliatory trade sanctions against Australia and urged deeper coordination with Quad partners to counter Chinese economic coercion. Likewise, former US ambassador Rahm Emanuel advocated for a NATO-style "anti-coercion coalition" pooling diplomatic and economic power to deter Beijing's global muted response to the Quad communique marks a notable departure from its past alarm, leading analysts to suggest that Beijing may be quietly assessing its options as its dominance over rare earth markets comes under critical minerals, the Quad summit addressed broader challenges: increasing military assertiveness in the East and South China Seas, cyber threats, and North Korea's destabilising activity. All ministers reaffirmed their shared commitment to peaceful conflict resolution and rule-of-law principles in the region. While still informal, the Quad's evolving cohesion signals a significant shift in the Indo-Pacific security architecture. As The Japan Times reports, its bold new initiative sends a clear message: regional democracies will not tolerate Beijing's attempts at economic subjugation and geopolitical coercion.
Time of India
17 hours ago
- Business
- Time of India
Australia, India, Japan, US declare economic war on China's rare earth empire
Foreign ministers from the Quad nations- Australia, India, Japan, and the United States- convened in Washington earlier this month and unveiled a robust strategy designed to counteract China's coercive influence in the Indo-Pacific, as reported by The Japan Times earlier this month. The leaders launched the Quad Critical Minerals Initiative , explicitly targeting China's monopolistic dominance of rare earths and critical materials vital to defence and high-tech industries. The joint statement affirmed their determination "to uphold a region free from coercion" and oppose "any unilateral actions that seek to change the status quo by force or coercion". Explore courses from Top Institutes in Please select course: Select a Course Category In language thinly veiled yet unmistakably directed at Beijing, the Quad ministers expressed "deep concern" about the reliability of supply chains dependent on a single actor and criticised China's economic pressure tactics, price manipulation, and threat to critical infrastructure security. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Villas In Dubai | Search Ads Get Rates Undo At the summit hosted by US Secretary of State Marco Rubio, the Quad countries committed to diversifying their sources of lithium, nickel, graphite, and other strategic minerals. Rubio emphasised that resilience in supply chains is essential to safeguard against Beijing's ability to weaponise trade flows, reinforcing the need for allied cooperation to break free from China's industrial grip. Analysts see this move as part of a broader strategy to economically sideline China. The Japan Times in its article on July 2 noted that the initiative is "an ambitious expansion" of the Quad's partnership and a clear attempt to undercut Beijing's regional leverage. China's dominance in critical mineral processing has raised alarms about future industrial disruption and geopolitical manipulation. Live Events Strategic voices within and outside of the group warn against complacency. Former Australian Prime Minister Scott Morrison, speaking at a US congressional hearing, recalled Beijing's retaliatory trade sanctions against Australia and urged deeper coordination with Quad partners to counter Chinese economic coercion. Likewise, former US ambassador Rahm Emanuel advocated for a NATO-style "anti-coercion coalition" pooling diplomatic and economic power to deter Beijing's global bullying. China's muted response to the Quad communique marks a notable departure from its past alarm, leading analysts to suggest that Beijing may be quietly assessing its options as its dominance over rare earth markets comes under strain. Beyond critical minerals, the Quad summit addressed broader challenges: increasing military assertiveness in the East and South China Seas, cyber threats, and North Korea's destabilising activity. All ministers reaffirmed their shared commitment to peaceful conflict resolution and rule-of-law principles in the region. While still informal, the Quad's evolving cohesion signals a significant shift in the Indo-Pacific security architecture. As The Japan Times reports, its bold new initiative sends a clear message: regional democracies will not tolerate Beijing's attempts at economic subjugation and geopolitical coercion.
