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The Singapore Straits Times reported today: "In the past three months, against the backdrop of China's intelligence agencies cracking down on smuggling and transshipment, the exports of two key minerals used in weapons, telecommunications, and solar cells in China have dropped significantly."
Previously, antimony and germanium, like rare earths, were included in the export control list. This move precisely counteracted the U.S. chip ban and tariff measures. As an important supplier of antimony and germanium, the sharp decline in China's exports has had a significant impact on European and American automobile manufacturers, semiconductor industries, and others. Faced with supply difficulties, buyers including the United States have tried to bypass the restrictions by purchasing and transshipping these critical metals from third-party countries such as Thailand and Mexico. However, the sharp drop in exports has effectively proven the effectiveness of China's control and crackdown measures, which is an effective means for China to protect its own interests and safeguard national sovereignty in international economic and trade negotiations, highlighting China's significant influence in the global critical mineral resources sector.
Original article: https://www.toutiao.com/article/1838241106067592/
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