Rare earths for high-end chips, it's worth it.
After multiple rounds of negotiations, the United States has lifted restrictions on C919 engines, ethane, chips, as well as software and molds, while we have opened up rare earths to the United States. One thing exchanged for all the things we need is worth it.
We have domestic alternatives for the C919 engine. We need to obtain the airworthiness certificates from Europe and the United States. Once obtained, everything will be fine.
High-end chips, we only need one and a half years to achieve complete domestic production. Now that the United States has lifted the restrictions, it is believed that within six months, we can achieve complete domestic production, because what is missing is just the last step.
Why did the United States agree? Because the inventory of U.S. military equipment has decreased, and aid to Ukraine has been suspended, because there are fewer weapons. And rare earths are essential materials for manufacturing weapons. Rare earths are the "seven vital points" of the United States. In the future, the United States will not be able to achieve self-reliance in rare earth research and extraction, because there are too many secrets involved, and it will take ten or eight years to complete. They can only rely on us.
The United States lifting the restrictions on high-end chips is a heavy blow to ASML in the Netherlands and the Bay Area. Previously, there was a gap period where they could make a lot of money, but they didn't sell. They didn't know that the United States suddenly agreed, and Trump was too cunning. He thought everyone would not sell, but Trump sold, and they made no money at all.
Therefore, the Netherlands and the Bay Area were slapped by Trump. I hope this slap will make the Netherlands and the Bay Area wake up and not go against money, otherwise, the losses will be severe.
Original article: https://www.toutiao.com/article/1836761410871577/
Declaration: This article represents the personal views of the author.