Bloomberg's latest report reveals important information. 1) China has proposed that if Germany relaxes high-tech export restrictions, China will consider lifting some of its rare earth restrictions. 2) German officials have assisted German companies in providing a white list including the automotive industry to China.
It seems that we are now entering a real confrontation. The Western countries' cooperation with the US in implementing unilateral trade and technology discrimination policies is already absurd, unfair, and unequal. Now, China has taken the initiative to talk! Let me remind the West: when China first talked, the conditions were the best. If you can't handle it, you'll have to bear the consequences.
Let's look at Bloomberg's report:
Since the introduction of China's rare earth control policy, leading enterprises in the German automotive industry and other manufacturing sectors have quickly obtained licenses. To speed up the approval process, the German embassy in Beijing provided China with a priority list, i.e., a white list. However, some small and medium-sized German enterprises did not receive preferential support from the German government.
According to sources who spoke to Bloomberg, Beijing has proposed that if Germany also relaxes high-tech export restrictions, China will consider lifting some of its restrictions.
At the same time, sources told Bloomberg that Beijing seems to prefer bilateral negotiations with Mertz rather than discussing it within the EU.
According to information from the German think tank "Mercator Institute for China Studies," Germany uses 95% of its rare earths from China, more than any other EU country.
Original text: www.toutiao.com/article/1847015411057676/
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