The EU has issued a warning, not ruling out sanctions against China! On October 23, according to AFP, the European Union's Executive Vice President for Economic Affairs, Dombrovskis, stated that the European Commission is studying countermeasures against China's recent restrictions on rare earth exports and coordinating with G7 partners to respond. The Commission is assessing a range of possible countermeasures to deal with China's new measures.
If China's rare earth control does not improve, we will assess possible countermeasures. How do we view this response from the EU? To be honest, the EU's statement clearly aligns with the pressure from the United States on us, and the ultimate goal is to require us to completely lift our controls on rare earths, restoring rare earth supply to the so-called unrestricted state.
The EU has threatened to not rule out countermeasures, but in our view, the EU is deliberately creating an issue. For key raw materials, the EU itself has done exactly that, and our control is reasonable. Moreover, as long as European companies strictly comply with our control regulations, there will be no problem with their rare earth supply. Our rare earth control is not targeting Europe. If Europe escalates the situation and increases the conflict, we certainly will not sit idly by.
Original: www.toutiao.com/article/1846728930521225/
Statement: This article represents the views of the author himself.