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Commenter meant straw buyers as in buyers of Chinese rare earths that do so at the behest of the US DoD while under the guise of buying the metals for their own
by NewJazz 1y ago
Commenter meant straw buyers as in buyers of Chinese rare earths that do so at the behest of the US DoD while under the guise of buying the metals for their own use internal to whatever country they are based in.
- Animats 1y agoDoesn't work. China's export controls on rare earths are product-based, not country based. You can buy motors, but not magnets.
- NewJazz 1y agoI didn't say it would work, just clarifying the comment you were replying to.
- SJC_Hacker 1y agoBuy the motors and take out the magnets then
- Tangurena2 1y agoChina wants to move up the value chain. They don't want to continue to be the colony supplying raw materials (or even slightly refined materials) to the "first world". China wants to be building those electric motors - which is where the value & profits are located.