CHINA's metals and mining investments overseas continue break records this year, as the country defend its position as the world's biggest producer of electric vehicles, batteries, and solar panels, reports London's Financial Times.
Investments and new contracts topped US$10 billion, according to a report from the Green Finance & Development Centre at Fudan University in Shanghai in the first half of this year.
China's investment in the sector includes nickel, lithium and copper projects as well as uranium, steel and iron, highlighting intensifying efforts by Chinese companies across the clean technology supply chain to lock up access to resources amid forecasts of booming long-term demand.
The investments, which have spanned countries in Africa, Asia and South America, also reflect leader Xi Jinping's ambitions of economic self-reliance as he seeks to fortify China against the impact of rising geopolitical tensions with the US.
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