Washington, Oct 15 (IANS) US Treasury Secretary Scott Bessent on Wednesday reiterated Washington’s desire to build a “fulsome group response” to Chinese export controls on rare earths, including proposed talks with Indian officials.
“We are going to be speaking with our European allies, with Australia, with Canada, with India and the Asian democracies, and we’re going to have a fulsome group response to this,” he told CNBC.
He added that this is a “China versus the world” and “not a US-China problem” and “bureaucrats in China cannot manage the supply chain or the manufacturing process for the rest of the world.”
In a separate press conference on Wednesday, Bessent targeted China for fuelling the conflict in Ukraine by buying Russian energy.
“It is the purchase of Russian oil by China t