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Dec 21, 2022 03:40 PM
WORLD

Japan Seeks to Break China’s Grip on Rare Earths, 10 Other Critical Items

Strengthening supply chains represents one of the four planks in economic security legislation passed in May. Photo: VCG
Strengthening supply chains represents one of the four planks in economic security legislation passed in May. Photo: VCG

(Nikkei Asia) — Japan designated semiconductors, batteries and nine other items as strategically critical material on Tuesday, in a bid to reduce the exposure of those supply chains to China.

"This is the first step in advancing the resiliency of critical supply chains to safeguard the survival, livelihoods and economic activities of our citizens," Economic Security Minister Sanae Takaichi told reporters.

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