Canada does US bidding again

The Joe Biden administration has been cooking up one plot after another to exclude China from the global industry and supply chains. The latest US machination has two parts. The second one first.

The Canadian Department of Innovation, Science and Development published a statement on its official website on Wednesday, announcing the "divestiture of investments by foreign investors in Canadian critical mineral companies". But all the three companies the department identified as "foreign investors" are Chinese enterprises: Sinomine (Hong Kong) Rare Metals Resources Co, Chengze Lithium International and Zangge Mining Investment (Chengdu) Co.

Giving the reason for the decision, the Canadian department echoed the US administration: "investments threaten our national security and our critical minerals supply chains". Not surprisingly, the department didn't say how do the three Chinese enterprises threaten Canada's national security or supply chains.