So it seems rare earth export controls are more global than country specific. Which resulted in Europe importing 30 percent less rare earths. And eu isn't happy, naturally. Question is, how is such a move by China beneficial to itself? Wouldnt it make more sense if rare eaRth exports are more country specific and the EU is explicitly kept happy? Why fight on two fronts at the same time when there is no need for such risk?
European Economics Thread
- Thread starter PiSigma
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Because China wants to stop this:
Whatever weapons the West produce now, China may be at the receiving end of them.
The EU will transship rare earth magnets to the USA so it can build F-35s. If you don't have controls on the EU, you might as well drop the ban altogether as they will end up with Lockheed Martin anyways.
It's like export banning TSMC from selling Kirin chips to Huawei in China but allowing TSMC to sell an unlimited supply of Kirin chips to anybody in Central Asia. It's pointless.
As for the EU being unhappy, fixing America's overcapacity of F-35 and nuclear submarine production is more important than EU happiness.
It's like export banning TSMC from selling Kirin chips to Huawei in China but allowing TSMC to sell an unlimited supply of Kirin chips to anybody in Central Asia. It's pointless.
As for the EU being unhappy, fixing America's overcapacity of F-35 and nuclear submarine production is more important than EU happiness.
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