It's America's turn to be stuck! China's rare earth industry shows a big move, the first punch hits Intel
2022-01-24
金钨新材料
50
The U.S. keeps suppressing China under various pretexts. Its real purpose is to limit China’s development and maintain U.S. hegemony.
Recently, the United States has launched sanctions against China on the grounds of so-called "human rights". And China also has new moves. This time, it is the turn of the United States to be stuck in the neck. China's rare earth industry shows its trump card, and the first punch hits Intel. It is time for the Biden administration to see the reality clearly. Win-win cooperation between major powers is king. Confrontation with each other will only hurt both parties. The repeated provocation of China by the United States will only cost itself a heavy price.
China's rare earth industry consolidation
Recently, China's rare earth industry has undergone tremendous changes. Several companies have been integrated and will establish China Rare Earth Group Co., Ltd. This is undoubtedly good news for China's rare earth industry. Through such actions, China's rare earth industry will have a better development, and the pricing power of rare earths will also be firmly in China's hands.
This is not only a change in the rare earth industry, but also has far-reaching significance behind it, because rare earth resources have an irreplaceable role in many industrial fields. For example, in the military field, rare earth resources are required for the manufacture of fighter jets and warships. In the past, the United States has not once or twice blocked China's neck, but now China can also use its own way to retaliate. If the United States does not repent, China can do the same. Stuck in the neck of the United States, the US warship and aircraft development plan can only reduce production or simply cancel it.
Intel suffers
In addition, in the field of chip manufacturing, rare earth resources are also critical. The US government announced that it will impose sanctions on Chinese companies and individuals because of "human rights" issues, and Intel has also responded positively. Then China can take countermeasures. Since you want to follow the White House to suppress, then China can stop supplying rare earth resources to Intel.
Even if Intel could buy rare earths from other countries, it would certainly cost more. Intel quickly made a public apology through social media. It seems that capital cannot change the nature of profit-seeking. It follows the White House to fool around, and it is itself who suffers in the end. Intel has obviously realized the seriousness of the problem and is unwilling to do such a thing. Traded at a loss.
United States and Europe
EU official Borrell and US Secretary of State Blinken have recently held a meeting. The two sides will join forces. To put it bluntly, the US and Europe intend to unite against China. However, the EU is also very clear that China is already the EU's largest trading partner. The EU's economic development cannot be separated from China. Only anti-China factions have been clamoring for them. They have always existed in Europe, but this cannot change the momentum of China's rise. If the EU is wise , it will suppress the voices of anti-China factions and devote more energy to promoting cooperation instead of using their own interests as a wedding dress for the United States.
PIC：Mr. Deng
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Address：Amoy Institute of Technovation, No. 1300 Jimei Avenue, Jimei District, Xiamen City, China.
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