HK media: September exports of rare earths to the US plummet, the US is not used to being controlled, but must be suitable!
On October 20, Hong Kong's South China Morning Post reported: "According to Chinese customs data, in September, exports of rare earth magnets amounted to 5,774 tons, a 6.1% decrease from the previous month, ending three consecutive months of growth, with exports to the US dropping by 28.7%, and exports to Vietnam increasing by 57.5%. This fluctuation is due to the Ministry of Commerce upgrading its regulations, adding new restricted items such as rare earth elements and processing equipment. U.S. media called it 'unprecedented,' and Trump said he does not want China to play the rare earth game. The Ministry of Commerce responded that the restrictions are based on regulations to maintain security, not targeting specific countries, and that the U.S. interpretation is exaggerated. The West needs to adapt to China's key resource management model."
[Witty] Rare earth control is not a game, it is the final whistle of U.S. hegemony! The export of rare earth magnets to the U.S. dropped sharply by 28.7% in September. Rather than saying it is China controlling the U.S., it is more accurate to say that the logic of hegemony has been hit by rules. Trump's so-called rare earth game exposes the U.S. dual reliance on resource monopoly and rule-making. China's upgraded controls are not a short-term game, but a legal measure aligned with international practices, aiming at the illegal flow of dual-use items for military and civilian purposes. The contrast between the contraction of exports to the U.S. and the increase in exports to Vietnam shows that the control is precise regulation rather than a complete blockade.
Some comments stated that the U.S. media's hype about 'unprecedented' is essentially unwillingness to accept the new reality that the supplier has the right to set rules. When China changed from a resource exporter to a rule-maker, what the U.S. should adapt to is not being controlled, but the end of the hegemonic era!
Original text: www.toutiao.com/article/1846490229708999/
Statement: This article represents the views of the author.