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Chinese President Xi Jinping will launch an education campaign calling on comrades to stay true to the Communist Party's founding mission. (Nikkei montage/Reuters)
China up close

Xi raises anti-US banner and pushes party 'education' campaign

Beijing shifts to hard-line stance as tariff war escalates

KATSUJI NAKAZAWA, Nikkei senior staff writer | China

TOKYO -- As the U.S.-China trade war thickens, one of the most effective counter weapons left in Beijing's arsenal may be its rare earth deposits.

"Rare earths are vital to many modern technologies and a wide array of weapon systems used by the U.S. military," China's hawkish newspaper Global Times wrote in an opinion piece earlier this month. "But China controls the vast majority of the world's supply," it added.

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