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China's response to Australia's rare earths stake sale order?
5
Resolution / Starting Odds
Retaliatory measures against Australia • 33%
Diplomatic negotiations • 33%
No significant response • 33%
Official statements from the Chinese government or relevant Chinese entities
Story
Australia Orders Chinese-linked Funds to Sell Rare Earths Stakes in National Interest
Jun 3, 2024, 11:11 AM
Australia has ordered Chinese-linked funds and their associates to sell their stakes in a rare earths miner. This move is part of an effort by US allies to counter China's dominance in critical minerals. The decision, framed as being in the 'national interest,' aims to create a stronger supply chain for critical minerals essential for the energy transition. The order, issued by Treasurer Jim Chalmers, comes amid rising geopolitical tensions over mineral resources. The funds are linked to a Chinese businessman. Shortly after the announcement, an Australian company involved in a strategic heavy rare earth project was targeted in a suspected cyber attack.
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Retaliatory economic measures • 25%
Formal diplomatic protest • 25%
Negotiations for resolution • 25%
No significant response • 25%
Formal support for Australia • 25%
Neutral stance • 25%
Criticism of both nations • 25%
No official response • 25%
No sanctions imposed • 33%
Targeted sanctions on specific sectors • 33%
Broad economic sanctions • 34%
Retaliatory tariffs • 33%
Negotiations with EU • 33%
No significant response • 33%
Retaliatory economic measures • 33%
Diplomatic negotiations • 33%
No significant response • 34%
Broad condemnation of the incident • 25%
Support for China's actions • 25%
Neutral or no comment • 25%
Calls for international investigation • 25%
China and Australia agree on new safety protocols • 33%
No significant change in relations • 33%
Relations deteriorate further • 33%
