Trade War: China strikes back at US HiTech
Europe and Japan already making into pants
b/c of rare-earth shortages from China, desperately needed for solar panels and lithium for EV batteries etc...
https://finance.yahoo.com/news/explainer-chinas-rare-earths-dominance-120217547.html
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China's rare earths dominance in focus after mineral export curbs
Mai Nguyen
Wed, July 5, 2023 at 2:02 PM GMT+2
(Reuters) - China said on Monday it will impose export restrictions on gallium and germanium products used in computer chips and other components to protect national security interests.
The decision, widely seen as retaliation for U.S. curbs on sales of technologies to China, raised concerns that China might eventually limit exports of other materials, notably rare earths, whose production China dominates.
In 2010, China restricted exports of rare earths to Japan following a territorial dispute, sending prices soaring and Japan scrambling to find alternative sources. Beijing said the curbs were based on environmental concerns.
Below are some facts about rare earths, about China's dominance of the sector, and what countries are doing to ease their dependence on China for the materials.
[...]
"
Europe and Japan already making into pants
b/c of rare-earth shortages from China, desperately needed for solar panels and lithium for EV batteries etc...https://finance.yahoo.com/news/explainer-chinas-rare-earths-dominance-120217547.html
"
China's rare earths dominance in focus after mineral export curbs
Mai Nguyen
Wed, July 5, 2023 at 2:02 PM GMT+2
(Reuters) - China said on Monday it will impose export restrictions on gallium and germanium products used in computer chips and other components to protect national security interests.
The decision, widely seen as retaliation for U.S. curbs on sales of technologies to China, raised concerns that China might eventually limit exports of other materials, notably rare earths, whose production China dominates.
In 2010, China restricted exports of rare earths to Japan following a territorial dispute, sending prices soaring and Japan scrambling to find alternative sources. Beijing said the curbs were based on environmental concerns.
Below are some facts about rare earths, about China's dominance of the sector, and what countries are doing to ease their dependence on China for the materials.
[...]
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