China has selected a new state investment company to coordinate its overseas metals and mining deals globally. The move represents Beijing's strategic response to growing challenges in securing critical resources abroad. According to people familiar with the matter, this state-backed entity will streamline China's acquisition of minerals essential for its manufacturing and technology sectors.

The new initiative addresses mounting geopolitical risks that threaten China's access to raw materials. International tensions and resource nationalism have complicated China's traditional approach to securing metals through direct investments. The state investment company will coordinate efforts across multiple mining deals to ensure more reliable supply chains for China's industrial needs globally.

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