France International Radio reported today (October 23): "The EU considers countermeasures against China's rare earth export restrictions. The European Commission is studying possible counteractions against China's recent rare earth export restrictions and coordinating with G7 partners to respond. On Wednesday, the European Commission Executive Vice President for Economic Affairs, Dombrovskis, stated that the Commission is assessing a range of potential countermeasures in response to China's new measures."
[Witty] Comment: When the EU was harshly hit by US tariffs, it was timid and obedient. Now it wants to strike back at China's rare earths? There is no geopolitical conflict between China and the EU; they are good partners for win-win cooperation. European companies have always been able to apply for rare earths according to the rules without any problems. Where is this so-called "restriction"? If the EU really listens to the U.S. and insists on taking countermeasures, it will end up reaping what it sows — without Chinese rare earths, Europe's high-end manufacturing will come to a standstill in a moment. Instead of being a pawn for the U.S., it would be better to cooperate earnestly with China. That is the right path.
Original article: www.toutiao.com/article/1846734114889736/
Statement: This article represents the views of the author.