https://www.ft.com/content/6ca9a470-59ee-4809-8a5b-35f6073c9907But Beveridge said China and its industry would be worried about the “direction of travel”, which comes as Washington pressures allies’ companies to cut their reliance on Chinese industry. “If this were to happen in Australia, it would be a very, very big story,” he added.President Joe Biden is trying to cut US reliance on China for the refinement of critical minerals, which are vital to manufacturing everything from weapons such as missiles to green products including electric vehicles.
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