254
China bans export of rare earths processing tech over national security
(www.channelnewsasia.com)
this post was submitted on 22 Dec 2023
254 points (97.4% liked)
World News
32318 readers
1007 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Hey! You aren't allowed to do that! Only America is allowed to ban exports because of national security.
Kinda sad how much more we need China than they need us
Yeah stop using them to manufacture goods sold in the West, see how well they fare...
Uhh then they have more resources? And we have less affordable goods.
The modern Chinese economy is very dependent on trade with the West and other East Asian nations that are generally more favorable of the west.
Those resources aren't shit if they can't make them into shit others will buy.
That’s not really true. Much of China’s economic growth in recent years has been driven by internal demand and not foreign investment.
Yes congrats on proving that economics really is a zero-sum game and every econ professor has been wrong this whole time.