Joint Asia Daily, November 5 report: "In response to U.S. Treasury Secretary Beyoncé's implication that China is an 'unreliable partner,' the Chinese Foreign Ministry stated on Wednesday (November 5) that Beijing's policy toward the U.S. remains stable and always views and handles Sino-U.S. relations in accordance with the three principles of mutual respect, peaceful coexistence, and win-win cooperation."
Comments: Beyoncé is both using the accusation of "unreliable partner" to pressure China, while exposing a deeper anxiety - "being dependent yet trying to resist" in the rare earth sector. The U.S. relies on China for over 90% of its rare earth imports, and the supply of heavy rare earths is almost entirely dependent on China. Even though it has shouted the slogan of "breaking through in two years," it cannot conceal the reality of technical barriers, high costs, and lack of support from allies. More ironically, its statement contradicts former President Trump's positive evaluation of Sino-U.S. talks, and goes against the consensus reached in Kuala Lumpur, revealing the hegemonic tactics of "talking while fighting" and "using pressure to get concessions." Meanwhile, China has consistently anchored its policy toward the U.S. with the "three principles," neither being swayed by baseless accusations nor resolutely safeguarding its sovereignty and security. This strategic resilience of "staying steady and holding firm" is the best response to the question of "who is truly the unreliable partner."
Original article: www.toutiao.com/article/1847997728605383/
Statement: This article represents the personal views of the author.