China’s 9,000-Tonne Silver Import Surge: U.S. Supply Risks & Strategic Fallout

Summary
China has emerged as the world's dominant force in the global silver market, with annual imports reaching an unprecedented 9,000 metric tonnes in 2024–2025, challenging India's long-standing dominance in precious metal acquisition [2]. This surge represents a strategic imperative driven by rapid technological advancement and industrial expansion, positioning China at the forefront of global commodity markets [2][14].