China tightens rare earth supply, putting global industrial chains under pressure instantly!
The US Secretary of State Rubio is angry about China's "monopoly" over rare earth resources in the past 25 to 30 years...
It would take the United States 30 years to rebuild the supply chain from scratch - if you have the patience, ability, and political will～
The US wants to reap where it has not sown, wanting to eat the cake after throwing away the kitchen. Don't look too greedy!
This is not a "China problem", but the price paid for decades of de-industrialization and corporate greed～
This is the jewel of the industrial crown, and we can also choke the necks!
Reuters reported that China has begun using a new "rare earth magnet export tracking system", and rare earth magnet producers need to declare more information online, including transaction volume and customer names.
The report said that China's long-term goal is to fully track the entire rare earth production chain and completely crack down on smuggling, illegal mining, and tax evasion.
Original article: https://www.toutiao.com/article/1834138557886464/
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