prc30 on Nostr: China Morning Missive China took decisive action to formally restrict exports to the ...
China Morning Missive
China took decisive action to formally restrict exports to the US of key rare minerals. The move came in response to the latest American decision to further limit China’s ability to access semi-conductor related technology.
What is notable is the speed to which China responded. It’s as though a contingency plan had been put in place in advance. I’d have to say that would be the most likely scenario.
This then calls into question to what degree, exactly, there is any real ability for America to move on China unilaterally heading into Trump 2.0. China doesn’t just dominate the market for rare minerals. Do a deep dive, as just one example, into the Chinese global market share of active pharmaceutical ingredients.
The rules of the game today are very different than what was played back in 2017/2018. It is always foolish to both overestimate and underestimate China. This holds true even more so today, and American policy makers need to consider China’s ability to respond to any trade actions taken.
China took decisive action to formally restrict exports to the US of key rare minerals. The move came in response to the latest American decision to further limit China’s ability to access semi-conductor related technology.
What is notable is the speed to which China responded. It’s as though a contingency plan had been put in place in advance. I’d have to say that would be the most likely scenario.
This then calls into question to what degree, exactly, there is any real ability for America to move on China unilaterally heading into Trump 2.0. China doesn’t just dominate the market for rare minerals. Do a deep dive, as just one example, into the Chinese global market share of active pharmaceutical ingredients.
The rules of the game today are very different than what was played back in 2017/2018. It is always foolish to both overestimate and underestimate China. This holds true even more so today, and American policy makers need to consider China’s ability to respond to any trade actions taken.