Frankly China should go further and to the least also raise the price. Why should there be a reprieve for non-military US sectors in getting Chinese rare earths when the US is working to undermine China overall economically to stop China from having leverage in anything?
India is doing with Chinese rare earths what they’re also doing with Russian oil. It’s so cheap that they’re reselling it to the West where they can still turn a profit.
I like these kinds of moves where China is buying up the coffee from Brazil that would’ve been sold to the US. That way China helps partners and Americans are going to face higher prices from lower supply. Americans love their coffee.
