Beijing has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries.

Shipments of the magnets, essential for assembling everything from cars and drones to robots and missiles, have been halted at many Chinese ports while the Chinese government drafts a new regulatory system. Once in place, the new system could permanently prevent supplies from reaching certain companies, including American military contractors.

https://archive.ph/Gt15t

  • 52fighters@lemmy.sdf.orgEnglish
    0·
    7 days ago

    China has to be careful because they are an export driven economy and there’s not a lot of wealthy customers out there. If they contribute to a serious recession in the US, it’ll carry consequences in China too. The key for them will be retaliation that carries a big political hit but not an economic hit.

      • 52fighters@lemmy.sdf.orgEnglish
        0·
        7 days ago

        China will have to become a net importer for that to happen and that’s very unlikely. The Euro has a better chance but I seriously think Trump would turn all of Europe over to Russia to stop that from happening.

        • Azhad@lemmy.worldEnglish
          1·
          7 days ago

          Russia can’t even take Ukraine, the fantasy that Russia somehow is a military threat to Europe is laughable.

          • 52fighters@lemmy.sdf.orgEnglish
            01·
            6 days ago

            I’m pro-Europe but I also recognize that Europe is very dependent on the US for military technology and weapons. France is the only country that is resistant to the possibility of the US just turning everything off. European nations would do fine vs. Russia with American technology and weapons. I suspect that Russia could reconquer to Berlin if Europe was depraved of American military technology and weapons. Maybe I’m wrong, though.

            • Dr. Moose@lemmy.worldEnglish
              1·
              6 days ago

              Ok let’s assume Russia takes europe - then what? You think Europeans going to happily sit under Ruzi dictatorship? What the fuck are you even talking about.