Comments by "M" (@mg.f.9023) on "Signals from US, Australia mark 2 shifts in intelligence with Chinese threat of foreign interference" video.
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The Chinese central bank owns 0.8% of Infosys, worth ₹4,678 crore, and 0.7% of ICICI Bank, worth ₹4,583 crore at current prices. It also owns a 0.24% stake in TCS, valued at approximately ₹3,157 crore, and a 0.4% stake in Bajaj Finance, worth ₹1,928 crore. - LiveMint 12 Oct 2023
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“The Middle East Has Oil. China Has Rare Earths.” (Deng Xiaoping, 1987)
Russia has joined forces with China in a mutually beneficial relationship. For example, while China has invested billions in Africa to exploit the rare metal resources, Russia installed the muscle with paid mercenaries. these are the enforcers hired by governments to keep the people of these countries in check.
Rare earths have become a fundamental part of modern life. Cell phones, computers, televisions, and cars are among the indispensable products powered by the strong internal magnets manufactured from rare earths. Modern medical devices, communication systems, and a sustainable, “green” energy transition are entirely dependent on successful exploitation of this non-renewable resource and, as can be easily inferred, rare earths are vital for the development of military technology.
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