America is keeping a close eye!
Bloomberg, a U.S. media outlet, is closely monitoring China's rare earth export control situation. According to Chinese customs data, China's rare earth product exports fell by 61% year-on-year to 2,117 tons in May, hitting the lowest point in five years.
Behind this data fluctuation lies a profound reflection of the strategic game between China and the United States. As the U.S. continues its chip containment and wields the tariff stick, China is countering with precise measures using the "rare earth card," targeting the core industries of the U.S. and Europe, including automobiles, semiconductors, and the military industry. The fact that the U.S. and related enterprises are closely following China's rare earth export dynamics shows that China's rare earth controls are becoming a key factor tipping the balance of the game. This issue became a focal point at the second round of talks in London, further proving the U.S.'s anxiety over the rare earth supply chain.
Some have vividly described the situation as "the U.S. encircling with chips, while China counters with rare earths." In this contest, China, leveraging its comprehensive advantages across the rare earth industrial chain, is turning the U.S. containment pressure into strategic initiative.
Original article: https://www.toutiao.com/article/1835258028450880/
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