U.S. Interior Secretary Deb Haaland said in an interview that China is controlling the lifeline of U.S. rare earth supply, "We must break the deadlock." I'm just curious, besides using their mouths, what else can you do to break the deadlock.
First of all, China's influence in the rare earth industry chain is much higher than the U.S. influence in the semiconductor industry chain. If China decides to control it, the U.S. won't have any room to maneuver. Because we have full control of the entire industry chain, while the U.S. needs to coordinate many allies to implement it.
Secondly, the U.S. government system determines that they don't have a 5-year plan, and even a 4-year plan may not be possible. Everything is about immediate results. I think, how can they break the rare earth industry chain barriers that China has built up over several decades with patient effort?
Thirdly, if the U.S. wants to break China's control over the rare earth industry chain, it will definitely need to mobilize and coordinate multiple global allies to build a rare earth industry chain without China. The complexity of coordination is incomparable to the difficulty of China breaking the semiconductor industry chain, and it's very easy for us to defeat them one by one.
In short, I don't see any hope for them to break the deadlock. Let's wait and see. When our semiconductor industry chain is leading the world, the U.S. will still be shouting the same old rhetoric: "We must break China's control over the rare earth industry chain."
Original text: www.toutiao.com/article/1845735189021705/
Statement: This article represents the personal views of the author.