"Agreed, China has this major advantage in the RE sector for a...

"Agreed, China has this major advantage in the RE sector for a short period. It is a one-off shot! Should the China sanctions come on the US/ROW you will likely see a reaction like the COVID-19 vaccine from 10 years to produce down to one! Further, if we think that the Biden sanctions are something to behold, then one can only wonder at what a Trump Admin' might do. Don't forget, because we can bank on Trump not having done so, that he will be looking at the failure of China to buy all that oil and ng they were supposed to do with the former trade agreement. Instead, they went to Iran and Russia for such supplies.

Trump won't have forgotten. So yes, China has a short period of such RE sector dominance. Remember for the US it's not about being number one in the sector, it's all about being economically competitive and more self-reliant. This is already been demonstrated this decade with the US's recent strategic mine backing (in friendly borders e.g., AUS, BRA and SA), along with the within borders processing and magnet moves (not to mention those downstream already underway in Japan and S. Korea). So will China use RE sanctions? Again, IMHO, the door for such a move is closing"