China’s ‘stability’ vow, graft-buster warns ‘no one is untouchable’: SCMP daily highlights

As US-China tensions escalate over rare-earth exports – a sector China dominates with 92 per cent of global refining – Wang’s invention is gaining urgent attention. His spin-off company, Niron Magnetics, is racing to commercialise these magnets, offering Western technology and automotive giants an alternative to China’s stranglehold on supply.