That‘s their default, though. It’s not the first time they‘re acting up as an unreliable business partner. I mean they bought all those rare earth mines across the globe for a reason and it‘s not to just stick it to the USA. They‘re both bullies.
That’s because China now controls over 95% of the world’s supplies of rare earth metals, and has placed curbs on rare earth exports, creating a resource stranglehold. China slashed export quotas by 72% in the second half of last year, and imposed a further 35% cut in the first half of 2011 from the year-ago level. As a result prices for some rare earths have jumped more than 1,000%.
China has been playing a long game with rare earth metals. You asked a specific question, the answer of which wouldn’t really explain anything. I gave you a longer answer that gives a fuller picture.
Trump and company were fools to trigger China like this.
They got what everyone wants, and they want to make sure everyone remembers that. No doubt prices will raise due to interrupted supply. China will probably benefit when they resume trade with selected countries
No matter how you spin it, China comes out on top. They get to sit back while their main adversaries simply throw away every advantage they’ve built up over the last five decades or so. The only winning move is not to play…
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That‘s their default, though. It’s not the first time they‘re acting up as an unreliable business partner. I mean they bought all those rare earth mines across the globe for a reason and it‘s not to just stick it to the USA. They‘re both bullies.
yup. it’s natural to see your foe’s foe as an ally. always be wary.
Great analogy. China and the US are the Kaiju, and the rest of the world are the people living in the cities we fight in.
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China has been doing this for years.
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They’ve been buying up and hording rare earth metals for years to secure their own manufacture and as a form of soft power.
From 2011:
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China has been playing a long game with rare earth metals. You asked a specific question, the answer of which wouldn’t really explain anything. I gave you a longer answer that gives a fuller picture.
Trump and company were fools to trigger China like this.
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They got what everyone wants, and they want to make sure everyone remembers that. No doubt prices will raise due to interrupted supply. China will probably benefit when they resume trade with selected countries
No matter how you spin it, China comes out on top. They get to sit back while their main adversaries simply throw away every advantage they’ve built up over the last five decades or so. The only winning move is not to play…
Never interrupt your enemy while they’re making a mistake.
We’re only in April, of year 1, this gonna be a long mistake.
The USA used to succeed due to all the brightest young minds wanting to immigrate and study in US universities.
Can’t really see anyone wanting to live in China, even just for study or work.
Seeing how things are going stateside and how poorly received American refugees are likely going to be anywhere, I’d consider it.