China's monopoly position in the global raw materials supply chain gives China an important advantage in trade conflicts.
1. Recovery of Chinese rare earth exports
With the temporary "truce" in the Sino-US tariff dispute, China has partially resumed rare earth exports.
2. China's monopolistic position in the raw materials sector
China dominates in rare earth mining and processing, particularly in heavy rare earths.
3. Europe's dependence on Chinese raw materials
The sharp rise in prices of related raw materials in the European market, while domestic prices in China have remained virtually unchanged, highlights Europe's dependence on Chinese raw materials.
4. Achieving raw material autonomy is crucial
Europe needs to find new import channels, establish domestic production facilities, and effective recycling systems to achieve raw material autonomy.
Original article: https://www.toutiao.com/article/1832789945646092/
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