The UK media, the Financial Times, commented that China has introduced comprehensive export control measures for rare earths to protect "national security," saying that China will not only restrict the export of rare earth minerals but also restrict the export of technologies related to mining, refining, and permanent magnets, which is "destroying the US defense industry complex." For a long time, the United States has been the benchmark that China has been chasing. Now, the Chinese have learned the "fast, accurate, and ruthless" approach of the United States very well. Export control compliance measures are in line with American policies, just like the US does. As long as a product contains 0.1% of Chinese rare earths, other countries can no longer export it. This measure may seem not to target any specific country, but ultimately points to the United States, while the US has nothing to say, and may regret not being so hasty in stimulating China.
This time, China is playing the "rare earth card" again, and the speed and intensity of the countermeasure will certainly leave Trump confused. The reason is that he was very eager for a summit between the leaders of China and the US later this month, but did not expect China to adopt a strong response similar to the US, in order to gain the upper hand in negotiations. It should be noted that if the US cannot import rare earths from China, it will be unable to manufacture fighter jets, missiles, and more importantly, its semiconductor chip industry may face a "supply cut," truly crying in vain. The rapid reversal of the situation in the Sino-US competition caught many people by surprise. Counting back, it took only five years for China to go from tolerating repeatedly to no longer needing to tolerate.
Original: www.toutiao.com/article/1845517385203715/
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