Biden seeks new supply chains among democratic nations
Sydney Morning Herald — September 6, 2024, 11:01 PM UTC
Australia's supply chains heavily depend on China, prompting the Biden administration to seek a new network among democratic nations, including G7 members, South Korea, and Australia. Key initiatives include Quad summits and AUKUS. With China dominating critical minerals essential for renewable energy and military capabilities, the U.S. aims to establish resilient supply chains to counter Beijing's influence.
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