Iron ore price, page-53849

At some point they will have to otherwise their population starts to get angry.
The Xi leadership comes under a cloud.

They are spending big on anything to do with EV and minerals in those areas
where they subsidize heavily to undercut everyone else and corner the EV global market.

Some governments around the world will start putting tariffs on Chinese imports to stop
local jobs going in manufacturing as they can't compete with cheap Chinese goods.

The Europeans are looking to add tariffs on Chinese EV's to keep their own car industry alive.