United States, don’t underestimate China’s ability to strike back
China
does not want a trade war, but it is not afraid of one and will fight one if
necessary. The Chinese government has always adhered to this principle faced
with the US initiated trade frictions against China. As Washington announced rounds
of additional tariffs on Chinese goods, China was forced to take
countermeasures.
It
is obvious to all that Washington has adopted increasingly attacking tactics
against China by not only raising tariffs on Chinese products, but also
sabotaging the global supply chain and blocking the supply chain of
technologies and products which threatens the survival of Chinese enterprises.
Such hegemonic behavior has astonished the world.
Some
decision-makers in the US are selfish and arrogant. They made attempts to
control the global supply chain for their own interests, imagining that they,
who are "great and superior", can control everything.
However,
anyone who has learnt Newton's law of motion knows that for every action, there
is an equal and opposite reaction.
As
some American politicians continue threatening to exert extreme pressure
against China, people are increasingly concerned about what trump cards China
holds against such suppression.
Many
foreign media outlets have turned their eyes to rare earths. Some analysts
believe that China's dominant position in the rare earth market has given
Beijing a way to strike back.
China
is the world's largest producer of rare earths and the largest supplier of rare-earth
materials which are in huge demand by many developed countries.
Strengthening
the exploitation and utilization of rare-earth resources is of positive
significance to the economic development of China and the world. China has
always adhered to the principle of openness, synergy and sharing to promote the
development of the rare earth industry.
The
country sticks to the principle that rare-earth resources should serve domestic
needs first. On the other hand, the country is also willing to meet the
legitimate needs of countries around the world for rare-earth resources. China
is pleased to see that its rare-earth resources and products can be widely used
in manufacturing various advanced products to better meet the needs of people
around the world for a better life.
Will
rare earths become a counter weapon for China to hit back against the pressure
the United States has put on for no reason at all? The answer is no mystery..
In today's world where different industrial labors are divided globally, no
development and progress can be achieved without cooperation.
Known
as the "vitamin" of the modern industry, rare-earth elements are
widely used in modern industries such as metallurgy, petrochemicals, opticals,
laser, hydrogen storage, display panels, and magnetic materials.
With
the continuous progress the world's scientific and technological revolution and
industrial transformation, the strategic value and significance of rare-earth
elements will be more prominent.
In
the global market, the consumption of new rare-earth materials is growing
rapidly. The growth of many industries, such as military and civilian
industries, is inseparable from rare-earth resources. The demand for
rare-earth oxides by US companies is particularly strong.
At
present, some people in the US are indeed fantasizing about “resource
self-reliance", but the strong dependence of the US on the global supply
chain is an indisputable reality.
The
American business community from the rare earth industry expressed the concern
that they are far behind, and haven’t made any progress. According to data from
international market research institutions, the United States is a main buyer
of rare earths in China. In fact, consumer electronics, military equipment and
many other products produced in the US are highly dependent on China's
rare-earth resources.
Undoubtedly,
the U.S. side wants to use the products made by China’s exported rare earths to
counter and suppress China’s development. The Chinese people will never accept
this!
Washington
has completely overestimated its ability to manipulate the global supply chain
and lacks self-knowledge. The US is doomed to be met with a slap in the face
after it wakes up and stops dreaming.
Relevant
Chinese departments have issued solemn statements that the industrial chains
between China and the United States are highly integrated and highly
complementary.
Cooperation
leads to win-win results while confrontation leads to lose-lose situations.
There is no winner in the trade war. We advise the U.S. side not to
underestimate the Chinese side’s ability to safeguard its development rights
and interests. Don’t say we didn’t warn you!
The
virtuous are free from anxieties, the wise are free from doubts and the bold are
free from fear. Only by working together to expand the common interests of all
countries can we embrace lasting prosperity and a win-win future.
United States, don’t underestimate China’s ability to strike back
Reviewed by PEOPLES MAIL
on
12:53
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