Will the U.S. rare earth futures plan undermine China's dominance?

Chicago-based financial services company CME Group is reportedly working on a plan to launch the world's first rare earth futures contract. Can the U.S. reshape pricing power without controlling production? What countermove may Beijing take? Will China's dominance in price-setting be diluted? And are we expecting a bifurcated system in the global mineral sector? Host Tu Yun joins Professor Andy Mok of Beijing Foreign Studies University, who's also a Senior Research Fellow at the Center for China and Globalization, Professor Warwick Powell, Adjunct Professor, Queensland University of Technology, Australia, and John Gong, Professor of Economics, at the University of International Business and Economics to unpack the high-stakes battle over minerals, markets, and geopolitical leverage.