China holds a quasi-monopoly on rare earths essential for Western industry and the American military, thus influencing trade relations with the USA. Following trade tensions, Beijing imposed export restrictions, affecting automotive and military production. Although the West recognizes the danger of this dependency, efforts to reduce it are slow. The EU, which will implement a law to reduce dependence on Chinese minerals, faces ecological and logistical challenges, needing time to develop its internal extraction and processing capabilities.
Sources
Financial Times: China i-a întins Vestului capcana pământurilor rare
China i-a întins Vestului capcana pământurilor rare
Capcana uriașă în care China a prins SUA și Europa: Cărțile au fost făcute, iar acum Beijingul începe să joace
China și capcana pământurilor rare întinsă Occidentului. „Am stat degeaba, admirând problema, vreme de decenii”
China, "arma secretă" a comerțului global. Pământurile rare care amenință SUA și Europa
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