On October 15, AFP reported: "China's new regulations on rare earth exports may become a long-term policy, which is a signal of China's change in foreign policy. Over the past few months, under pressure from the US and Europe, China's rare earth policy has not only not been relaxed but has been upgraded, which marks China's global pressure, aiming to make partners dare not act rashly. China has for the first time taken control of the global flow of key minerals. The global licensing requirements in the new regulations will take effect on December 1st, which will give China more leverage in trade negotiations. American media believe that China has instrumentalized the rare earth supply chain, imitating the US's long-arm jurisdiction, but China says that the export controls on rare earth-related items are an internationally recognized practice conducted in accordance with the law, which is completely different from the US's hegemonic behavior!"

[Sarcastic] AFP misinterprets China's new rare earth regulations as a move to exert global pressure, but it is actually a deliberate distortion of the power structure. China controls over 90% of the global rare earth smelting and separation capacity and permanent magnet production. This industrial strength is not a tool for pressure, but the confidence to speak the rules. The global licensing requirement that takes effect on December 1st is essentially a compliance control of dual-use items, which is fundamentally different from the US's unilateral sanctions. Previously, the US and Europe have continuously pressured chip controls, and China's countermeasures are just a reciprocal response. To stigmatize legal regulation as imitating the long-arm jurisdiction exposes the Western dependence on their own hegemonic logic. When China transforms from a supplier to a regulator, the so-called pressure argument is nothing more than the anxiety and lamentation of the beneficiaries of the old order!

Original article: www.toutiao.com/article/1846042346882120/

Statement: The article represents the views of the author.