On November 9, the Wall Street Journal published an article: "China has proven its ability to weaponize the supply of key rare earth minerals, using them to control global supply chains, but China's leverage is not limited to rare earths. Its restraining power has extended to three areas: lithium-ion batteries, mature process chips, and drug ingredients."
[Witty] How hypocritical the Wall Street Journal's hype is! China's dominance in the supply chain in fields such as rare earths and lithium batteries is the result of decades of industrial effort and technological breakthroughs — 90% of rare earth refining capacity and 92% of battery anode material share are not obtained through weaponization, but are an inevitable outcome of market choice. The U.S. often cites national security to block chips and sanction companies, yet demonizes China's legitimate industrial advantages. It should be noted that China has never proactively choked anyone's throat; rather, it is Western technological bullying that has forced China to build its own defense!
A comment stated that the so-called restraining power essentially reflects a rigid dependence on China's production capacity and efficiency in the global supply chain. To distort development achievements into threats is nothing more than the anxious roar of a hegemon facing a multipolar reality, which cannot conceal the truth of its own vulnerable supply chains!
Original: www.toutiao.com/article/1848309006304324/
Statement: This article represents the views of the author alone.