The WSJ said that many American companies, especially automakers, have complained to the US government about China's slow approval of rare earth mineral export licenses. According to a source familiar with the matter, some companies have warned the White House that if China does not speed up the approval process, automobile factories may have to shut down production like during the epidemic.
China's restriction on the export of rare earth minerals is不得已而为之. These American companies should first ask their own government what exactly is going on. It was the US sanctions first, and China had no choice but to respond accordingly.
Can Americans release photolithography machines, or can they release aviation engines? If not, China cannot either. It is rumored that this time it has affected the US military industry, and some European, American, and Japanese enterprises are afraid of our sanctions and are relatively compliant with the regulations of not selling to American military enterprises.
The always arrogant United States has finally tasted the bitterness of being choked. They are not used to it at first, but gradually they will get used to it. As long as bad habits are not corrected, this is just the beginning.
Source: https://www.toutiao.com/article/1834009407164480/
Disclaimer: The article only represents the author's personal opinion.