Half measures won’t do in the competition with Chinawww.marketwatch.com/story/half-measures-wont-do-in-the-competition-with-china-11625602498?mod=home-pageXi attacks calls from some in U.S. to decouple from Chinese techChinese leader Xi Jinping on Tuesday attacked calls from some in the U.S. and its allies to limit their dependency on Chinese suppliers and block the sharing of technologies.
In a speech to representatives of leftist political parties in more than 100 countries, Xi said China’s ruling Communist Party has succeeded in raising the country from poverty and created a new model of development.
Such experiences should be shared and no country should “obstruct the development of other countries and harm their people’s lives through political manipulation,” Xi said.
“We must jointly oppose anyone engaging in technological blockades, technological division and decoupling of development,” Xi said.
Decoupling has become a byword from some in the U.S. and elsewhere for ending dependency on Chinese supply lines, especially for high-tech products such as smart phones and computers.Xi’s speech, carried live online, comes days after he delivered a defiant address marking the Communist Party’s centenary, saying China will not be bullied and will punish anyone who tries.
Xi tends to alter his tone depending on whether he’s speaking to a domestic or international audience, according to analysts.
“Xi is a risk taker but he is not reckless,” said Steve Tsang, director of the China Institute at the University of London’s School of Oriental and African Studies.
www.marketwatch.com/story/xi-attacks-calls-from-some-in-u-s-to-decouple-from-chinese-tech-01625607993?mod=home-page*To remind,
REEs are
used as components in high
technology devices, including smart phones, digital cameras, computer hard disks, fluorescent and LED lights, flat screen televisions, computer monitors, and electronic displays.
Large quantities of some REEs are
used in clean energy and defense
technologies.
Why are rare earth metals used in smartphones?These
metals give rise to striking colors such as green, blue and red due to their luminescent property.
Additionally,
rare-
earths are responsible for making the
smart-phones vibrate, are
used in the speaker system, as well as in many of the electronic circuits that allow the phone to work.
Where does the US get its rare earth metals?In 2019, China was responsible for 80% of
rare earths imports, according to the
U.S. Geological Survey, although exports fell last year in part due to Covid-19.
Food for thoughtFrank
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