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The U.S. Reconstruction of the IndoPacific Critical Mineral Supply Chain: Arrangements, Constraints and Impacts |
| Shanghai Institutes for International Studies |
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Abstract The Biden administration is committed to reshaping the supply chain of critical minerals in the IndoPacific region. Its aims include weakening China’s industrial capacity, promoting the derisking China’s supply chains and enhancing the ability of the US and its allies to capture the interests of global mineral markets. The arrangements of the US is characterized by building an interconnected network of mechanisms based on bilateral cooperation mechanisms, developing the strategic tendency to contain China based on geopolitical logic and promoting the industry rules led by the U.S.. However, the arrangements of the U.S. face many constraints in the conflict of interest demands among allies and partner countries. Second, the U.S. lacks the willingness and ability to provide public goods for the developing countries in the region. Third, the U.S. is trying to involve the IPEF member states in containing China, but some of them want to maintain their strategic autonomy. Despite this, the attempt of the U.S. to restructure the supply chain of critical minerals in the IndoPacific region will increase the risk of overseas supply of China’s critical minerals, and have a negative impact on the investment projects of Chinese enterprises in regional countries and China's position in the global industrial chain. However, the investment cooperation and industrial collaboration between China and regional countries in the field of critical minerals will play an important role in mitigating such negative impacts.
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