This is akin to the southern song having to recognise the Liao dynasty.
Also, Indians are in hysterics from all of this.
Honestly, I'm disappointed in China, they should have at least tried to get some foreign policy concessions. China is basically letting US bully Venezuela and Palestine without push backPretty sure the 24% is an extension of the previously agreed truce.
Honestly, I'm disappointed in China, they should have at least tried to get some foreign policy concessions. China is basically letting US bully Venezuela and Palestine without push back
Official Chinese readout is out. If no relaxation on chip controls, China L
No. It's 10% removal. 24% was already suspended from before. So in the real world, it's 10% removalThis makes more sense now, so in total 34% would be removed, from 57% tariff to 23% on China.
You need to choose your battle,Honestly, I'm disappointed in China, they should have at least tried to get some foreign policy concessions. China is basically letting US bully Venezuela and Palestine without push back
No. the Rare Earth rules from before are still there. Previous rules still have restriction on quantity and licensing requirements. They only suspended the additional rules from October 9, which are a direct retaliation to US 50% rule.So for rare-earth climb down China only gets US to climb down from the 50% rule for 1 year. That sounds like China Chickening out. After firing the big RE gun, I thought China would get bigger concessions. But no. Now US gets 1 year to stockpile Rare Earths.
It's not but it should at least try to prevent war. Notice how Americans and their European puppets say that no sides should change the "status quo by force in Taiwan" even though Taiwan is literally seen as part of China. China could at least use that type of language to push back a bit on blatant imperialist and extrajudicial killingsSince when was China responsible for Venezuela and Palestine.
Beijing is warning buyers they are at risk of greater supply restrictions if they stockpile rare earths and derived products such as magnets used in electric motors, according to two people familiar with the matter.
The other person said Chinese authorities were deliberately limiting approved export volumes to prevent foreign stockpiling. “This will be a leverage point from now on,” they said.
Official Chinese readout is out. If no relaxation on chip controls, China L
You trade Rare Earth export control for Chip export control. Not for just a single BIS rule