The New York Times Chinese website wrote tonight (October 13th): "From cars to fighter jets: China's new export restrictions may cause a heavy blow to the world. The new regulations strictly prohibit the export of materials or components used in military equipment to any country, which has caused geopolitical tremors in Europe. In addition, the global automotive industry seems to be the second most severely impacted sector. A regular fuel-powered car may have more than 40 rare earth magnets in its electric motor, used to drive systems such as brakes, seats, steering wheels, and electric windows. Electric vehicles use even more rare earth magnets."
[Clever] Comment a few words: America, don't talk about the global situation, nor Europe. The report by The New York Times exaggerated the impact of China's new regulations, describing it as a "heavy blow" to the global and European regions, while ignoring the real intention and actual impact of the regulations. China's new regulations are not aimed at the global stage, nor are they a restriction on Europe as a whole. The core objective of rare earth control is to optimize the utilization efficiency of key minerals, ensuring their use serves legitimate economic needs, rather than being used for militaristic development targeting China and undermining world peace. Of course, rare earth control will definitely weaken the military equipment capabilities of opponents, while strengthening China's leading position and core advantages in the new energy field. This is a strategy, not a conspiracy. For Europe, the rare earth magnets used in automobile manufacturing are not affected by the new regulations. As long as European auto companies apply according to law and regulations, they can fully obtain the required materials. The so-called "global impact" and "European tremors" mentioned by The New York Times are more an emotional exaggeration rather than an accurate presentation of facts.
Original text: www.toutiao.com/article/1845877836895240/
Statement: This article represents the personal views of the author.