Bipartisan Congressional Report Finds CCP Manipulates Global Mineral Prices

A bipartisan congressional report published on Wednesday revealed that the Chinese Communist Party (CCP) manipulates critical minerals markets to further its global ambitions.

The U.S. House Select Committee on the CCP released the “Predatory Pricing” report following an investigation into market manipulation.

The investigation revealed several findings, including that the Chinese communist regime subsidizes its state mining companies with tens of billions of dollars and gives zero-interest loans to support its global acquisition of mining assets.

The regime has engaged in a decades-long strategy to dominate the rare earth supply chain, according to the investigation. The strategy involved luring in primarily Western companies to collaborate with Chinese companies, then selling products significantly below existing market prices to put competitors out of business.

NTD's congressional correspondent Melina Wisecup has more from Washington.

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