Media: German companies provided sensitive supply chain information to China when dealing with China's new controls on rare earths, which may be used by China to pressure German manufacturing or shut down production lines.
Although German companies disclosed trade secrets to China, the German government has no control over it. China requires very specific data when approving rare earth exports, while the German government cannot require companies to disclose such information and lacks an effective strategy.
Analysts point out that this information asymmetry may weaken Germany's ability to protect its economic security in the Sino-German trade relationship.
Rare earth materials such as neodymium iron boron powder are widely used in key products such as sensors, computers, and mobile phones.
Original: www.toutiao.com/article/1846948770739212/
Statement: This article represents the views of the author himself.