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The Japanese government lodged a protest with China over its work to build a new structure in the East China Sea, as tensions between the two Asian nations simmer amid ongoing military drills.
Exports of rare-earth magnets from China to Japan plunged by more than a quarter year-on-year last month, after Beijing tightened controls on dual-use materials. Magnets containing rare earths are used in a wide range of products such as motors for electric vehicles.
The evolution of Sino-Japanese relations has rarely followed a linear path – but it has always remained within clear guardrails, even during times of tension.
China’s latest exercise comes as the US, the Philippines and other nations, including Japan, start major joint drills in the Philippines.
BEIJING, April 17 (Reuters) - China said it monitored a Japanese warship's transit in the Taiwan Strait on Friday, calling the move "a deliberate provocation" as Beijing's ties with Tokyo remain fraught.
China and Japan, the world’s second and fourth largest economies, are also close neighbors. They have a contentious territorial dispute in the East China Sea, and a history still raw enough to inflame public opinion at a moment’s notice. The latest downturn in relations is well underway.
China said the presence of a Japanese Self-Defense Forces vessel in the Taiwan Strait is provocative, in a sign that ties between Asia’s two largest economies continue to be strained.
Tokyo is succeeding where the rest of the world has failed, reducing its reliance on Beijing for crucial rare earth elements—thanks to an enormous underwater deposit discovered on a remote island.
The aircraft carrier Liaoning sailed through the Taiwan Strait this week, the first Chinese carrier transit reported by Taiwan’s Ministry of National Defense since the Fujian made a similar trip in December.
China’s exports of rare-earth magnets and materials to Japan fell sharply in March, as souring relations between the Asian nations heighten concerns about a potential supply squeeze.
As China flexes its dominance over critical minerals, Japan and Australia are moving to secure independent rare earths supply chains. ... Read More The post Breaking China’s grip: Japan and Australia’s rare earths alliance appeared first on Stockhead.