Looking back what was said in 2020:Since the US-China trade war began, a state editorial made a comment that China had been selling rare earth elements like "cheap cabbages" and this has brought about a change in attitude and demeanour in the industry. Rare earth elements are now seen as giving China a strategic advantage to combat US strength in high tech.
China has made adjustments to the rare earth price system for the first time in many years, according to Sina Finance, “in order to avoid repeating the same mistakes". In addition to "strengthening" on the supply side, China has expressed the wish to dominate rare earths globally.
On November 16, the China Nonferrous Metals News once again published an article calling for China’s rare earth price system to be improved as soon as possible, and for strict controls to be implemented over the total supply and price, warning that otherwise "production or losses" may occur.
It has already happened in 2021.
Looking back what was said in 2020:Since the US-China trade war...
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