BYD comes to Thailand and China stakes its rare earths claims - Nikkei Asia

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Nikkei Asia 4d ago

BYD comes to Thailand and China stakes its rare earths claims - Nikkei Asia - Nikkei Asia

Quick Summary:

Beijing has made its latest move to weaponize the supply of rare-earth materials: According to regulations that will take effect on Oct.1, these resources belong to the state, and so their entire supply chain -- from mining to smelting and separation, processing, distribution and export -- will be strictly regulated.

Now, new EU tariffs on Chinese EVs are poised to kick in, though analysts predict they will not halt China's drive into the European market.

In addition to Vietnam, CapitaLand Investment plans to make considerable investments in Malaysia and Thailand, as Southeast Asia has become a key focus for industries to diversify their supply chains.