Foreign media reported on the evening of June 7: "After China tightened its control measures on rare earth exports, causing multiple automobile manufacturers in Japan, Europe, and the United States to face the crisis of production line shutdowns, the Ministry of Commerce of China said that a certain quantity of export applications related to rare earth materials have been approved, and the approval work for compliant applications will continue to be strengthened."
The price of so-called "decoupling and severing of supply chains," the United States and Europe are now experiencing firsthand. This move by China is exactly using their own methods against them, which is not only a precise countermeasure to the long-term behavior of the US and Western countries "blocking China's neck," but also a strong response to their attempt to impose tariff wars on China's electric vehicle industry while implementing technological blockades in the semiconductor field, trying to curb China's development.
After making phased progress in the Geneva negotiations between China and the United States, China moderately resumed exports, which not only demonstrated negotiation sincerity but also subtly revealed strategic wisdom: it will never compromise on core interests, but also leaves room for rational dialogue. If the US and the West continue to pursue an anti-China strategy, China's rare earth export controls will only become tighter.
Original article: https://www.toutiao.com/article/1834291115457545/
Disclaimer: The article solely represents the author's personal views.