4 ms·
is this an attempt to suppress the innovation rate of other countries?
by hunglee2 4y ago
is this an attempt to suppress the innovation rate of other countries?
- edgyquant 4y agoIt’s likely them firing back due to US tightening chip exports.
- TomK32 4y agoThis is really the best they could come up with?
- cm2012 4y agoI think its for the best to find new rare earth sources outside of China now anyway, before any great power struggles.
- deleted 4y ago[deleted]
- samus 4y agoThere are lots of sources; it's just very environmentally damaging and/or expensive to extract them. And so far China could, for various reasons, do it way more cheaply than most others. Seems this is going to change...
- wlesieutre 4y agoOr the battery minerals/components rules for EV tax credits
- PKop 4y agoIt's about avoiding counter-party risk and strengthening domestic supply chains against uncertain economic, geopolitical and military future. Certainly there is the element of "don't strengthen your adversaries" too. Why would they want to make the West stronger (if they can avoid it) if the West is a potential military threat?
- barelysapient 4y agoI think its more a tit-for-tat response to previous US trade restrictions.
- moose_man 4y agoI mean, the US move was tit-for-tat for a decade of militarizing the South China Sea, threatening war against Taiwan, undermining the US economy through stealing trade secrets and sponsoring national champions.
- vkou 4y agoOnly the US, after all, is allowed to militarize the South China sea.
- gs17 4y agoThe Chinese simply call it the South Sea, but linguistic games don't change who in the region actively threatens to invade who.
- JumpCrisscross 4y ago> the US, after all, is allowed to militarize the South China sea The U.S. doesn’t claim the sea as its sovereign waters. China does. (Which had the totally unpredictable effect of majorly pissing off every one of its maritime neighbours.)
- Animatronio 4y agoNot true, China's claims are best known in the West because everybody hates/fears them. But there are others - like the dispute between Indonesia, Malaysia, and the Philippines regarding maritime borders.
- JumpCrisscross 4y ago> the dispute between Indonesia, Malaysia, and the Philippines regarding maritime borders There are disputes over territorial waters and EEZs. China uniquely claims the whole damn thing, not as its exclusive economic zone, but its sovereign territory. The Philippines aren't asking for the right to tax ships passing through its EEZ, it just wants to fish and drill and mine them.
- waynesonfire 4y agomaybe they want to milk their rare earth monopoly before technology innovates around it. https://www.bloomberg.com/news/articles/2023-03-20/tesla-tsla-vision-of-electric-cars-without-rare-earths-to-spur-magnet-race https://www.bloomberg.com/news/articles/2023-03-20/tesla-tsl...