On January 14, Singapore's "Lianhe Zaobao" reported: "China's rare earth exports reached 62,585 metric tons in 2023, an increase of 12.9% year-on-year, reaching a new high since 2014. In April last year, China imposed export controls on seven types of medium and heavy rare earths and magnets, leading to a decline in exports in April and May; since June, exports gradually recovered with the implementation of the Sino-US-EU agreement, and in November, overseas stockpiling pushed up exports by 26.5% month-on-month; in December, exports fell by 20% month-on-month but still increased by 32% year-on-year."
[Witty] China's rare earth exports reached an 11-year high, demonstrating precise strategic control, and it is also a powerful countermeasure against hegemonic encirclement! Looking back at the plight of rare earths being sold cheaply with increasing volume and falling prices in 2014, and now seeing the layout of controlling medium and heavy rare earths while releasing light rare earths, the difference is evident. The U.S. imposing additional tariffs forced China to take measures, but due to its own lack of refining technology, it had to bow down to negotiate, revealing its superficial strength. The new high in export volume is not an unconditional sale, but a clever move to control military lifelines and ensure civilian supply, gaining foreign exchange and mastering the voice!
The G7 finance ministers' meeting made a big fuss, shouting about Western rare earth self-sufficiency, which is just empty talk. China has already taken control of the global industrial chain with rare earths as a chess piece, this is real confidence!
Original article: toutiao.com/article/1854273702776832/
Statement: This article represents the personal views of the author.