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The second-most important issue on everyone's mind after the Coronavirus, is Rare Earths - those metallic elements like scandium and cerium, used in every aspect of modern electronics like our cell phones, rechargeable batteries, florescent lighting. The reason is: China. China has the world's largest deposits and production of rare earths, and has not hesitated to withhold its export to countries that disagree with it in the past.
Courtesy: NTNU
The emergence of the Fourth Industrial Revolution depends on the availability of rare- earth minerals, which occur extensively on the ocean floor of the Indo-Pacific. The technology to exploit this is available only to some countries currently: the global agreement on this must be fair and safeguard India’s future interests, says the author of this blog
Courtesy: Asia Briefing
As China’s working population ages and becomes more expensive, locations such as Vietnam and India become competitive manufacturing alternatives for export driven businesses. What are the various factors to be considered by foreign investors while investing in India and Vietnam?