In further extending its hold over critical technologies, China deepened its control over the rare earth sector earlier this month, broadening restrictions from raw materials to critical processing and manufacturing technologies. Beijing imposed a stringent export licensing regime on technologies related to the entire rare earth value chain.
China’s rise and the intensifying strategic competition between Beijing and Washington have driven South Korea to a crossroads in its foreign policy shift that is both old and new. It is now pushed closer to deciding on how to reposition itself in response to the growing uncertainties, rooted in the tensions between two great powers.
By
