White House: Rare Earths, Not Iran, Topped US-China Summit Agenda
⛏️ BEIJING — White House confirms rare earths, not Iran, topped the China agenda. 📌 LOOK CLOSER: If the summit's headline deliverable is mineral supply chains, Beijing extracted something concrete while offering nothing binding on Tehran. Xi trades a supply chain gesture for US acknowledgment of Chinese economic leverage — without moving on Hormuz or Iran's nuclear program. For Europe, dependent on Chinese rare earths, this reframes the summit as commercial negotiation, not war mediation. Iran's diplomatic runway just got longer.