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news Scmp World 2026-05-10

China Approaches Trump Summit with Rare Earths Confidence

Bolstered by its control over rare earths, China is approaching the summit with the US with increased confidence, signaling a greater willingness to retaliate against American tariffs.


Chinese officials have signalled privately a growing willingness to retaliate against the United States, buoyed by confidence in their economic leverage as US President Donald Trump prepares to visit Beijing this week. Sources told the South China Morning Post that officials in Beijing had grown bolder since playing its rare earths card in October and were now less worried about tariffs. The sources, who spoke on condition of anonymity because they were not authorised to comment publicly, said.....

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