Although Sino-US relations have eased somewhat since the San Francisco meeting, the struggle between the two sides has not stopped. The U.S. continues to impose unilateral sanctions on China, and recently added 13 Chinese companies to the "unverified list," which China sees as undermining the foundation of bilateral cooperation and undermining market rules. In response to this action, China's Ministry of Commerce and Ministry of Science and Technology quickly took countermeasures, revising and issuing the "Catalogue of China's Prohibited Export Restricted Technologies" to restrict the export of some rare earth elements-related technologies. As a major producer of rare earths in the world, this is undoubtedly a major blow to Western countries, especially the United States.
China's Ministry of Commerce and Ministry of Science and Technology issued the "Catalogue of China's Export Prohibition and Restriction Procedures", which restricts the export of technology in the field of rare earths. Rare earth is an important strategic resource, which is widely used in high-tech industries, including electronics, magnetic materials, new energy and other fields. China has abundant rare earth resources, has mastered the refining and processing technology of rare earths, and is almost in a monopoly position. China's announcement to stop exporting some rare earth processing technologies is undoubtedly a major blow to Western countries that have always relied on China's rare earths and refining technology. Especially for countries like the United States that are trying to reduce their dependence on Chinese rare earths, it will be difficult for them to achieve their goal of replacing China in a short period of time.
China's countermeasures reflect its resolute stance on defending its own interests, and at the same time send a message to the world that China is not the target of bullying. The United States has always been accustomed to using sanctions to threaten other countries, and this time it is China's turn to take countermeasures, showing the world China's resolute attitude in the face of challenges. China's countermeasures also have a significant impact on the global market for rare earths. Since China controls almost all of the rare earth production capacity, its control over the rare earth market will be more consolidated, and rare earth ** may bring challenges to the global rare earth ** chain.
China's counterattack has caused considerable pressure and dilemma to the United States. The United States' strategic planning and technological development are inseparable from rare earths, and its dependence on China's rare earths is relatively high. China's ban on the export of rare earth processing technology directly cuts off the United States and other countries' plans to replace China, because they cannot copy China's rare earth processing technology. This undoubtedly caught the United States off guard, and it was a thorny issue for Biden. Biden has had to face a shortage of rare earth resources and the challenge of reducing dependence on Chinese technology, which has had a huge impact on the high-tech industry and the United States.
Tensions between China and the United States continue to escalate, and China's countermeasures once again demonstrate China's determination and strength to resolutely safeguard its own interests. China has taken advantage of its competitive advantages in the field of rare earths to effectively restrain the sanctions imposed by the United States and other Western countries. However, in the game between China and the United States, China's counterattack has also brought certain challenges to itself, especially in the market control in the field of rare earths and the stability of the global ** chain. Therefore, China also needs to continue to strengthen its own rare earth resource protection and technology research and development to ensure its own development and interests.
Finally, the game between China and the United States involves not only the economic and technological fields, but also politics, international order, and other levels. China's countermeasures in the field of rare earths have sent a message to the outside world: China will not passively accept sanctions and pressure, but has the ability and willingness to take resolute countermeasures. In the context of globalization and multilateralism, international cooperation and mutual benefit are the key to resolving the problems of China-US relations. Only through dialogue and cooperation can we achieve common development and prosperity on both sides.