China's ban on key high-tech materials could have broad impact on industries, economy

There are always other sources and alternatives.

China on a precious metal roll.

A deposit of gold ore just discovered in China isn’t just giant. It’s supergiant. So much so, in fact, that Chinese experts claim it could be the largest deposit of any precious metal—not just gold ore—in existence today. 

How big is the “supergiant” deposit located under the Wangu gold field in the Hunan province? Experts estimate it at 1,100 tons.

https://www.popularmechanics.com/science/a63072483/china-supergiant-gold-deposit/

deanzaZZRToday 07:09 am JST

They need it if they are going to escape the middle income trap. Or it will be used for weapons.

We shouldn't care so much about their usual diplomatic rivaling and irrelevant show fighting. That's only in theory a problem, conflict or whatever negative impact. In fact, cars can drive very well also without any chips, maybe even a lot better, that has been shown in practice for many decades and doesn't need discussion or proving again. Also the new overestimated hype AI isn't affected at all as it intrinsically cannot and will not work as widely expected or intended , neither without chips nor with full availability of all and best ever chips. It's only a little political clash, dit-for-dat sabre rattling, and has not a really significant impact on economies.

Well done China, put the rules..

This is what happens when you sanction countries just because you don't like them. Sanctions are no longer the weapon USA think they are. Being sanctioned by USA is now a badge of honour. Good luck in finding enough germanium and gallium.

Notice how the Wolf Amendment has banned working with China in the field of space. And twice, USA has had to beg China for their moon samples. Bans and sanctions are now backfiring, as we've seen in the case of Russia where fuel prices are dirt cheap and the economy is growing at a greater pace than Europe.

Not good in the short term, but good for the long term.

The U.S. and its allies should not rely on China to provide strategic materials for their high-tech and defense industries.

@Clayton K. Char Just a friendly reminder that this whole thing began with Trump banning Huawei from the USA market and the USA has continued to racket up trade tensions ever since.

deanzaZZRToday 12:07 pm JST

@Clayton K. Char Just a friendly reminder that this whole thing began with Trump banning Huawei from the USA market and the USA has continued to racket up trade tensions ever since.

For once, something to applaud Trump over.

Just a friendly reminder that this whole thing began with Trump banning Huawei from the USA market

USA wants only one country to install backdoors into networking devices.

Tribalisation, tariffs and sanctions will end global growth and ramp up inflation. Everyone gets poorer and elected regimes will get kicked out by unhappy voters.

There are always other sources and alternatives.

Exactly. The ban on chips to China will just be sourced domestically.

And twice, USA has had to beg China for their moon samples. 

There are always other sources and alternatives.

Exactly. Many nations in the world go to the moon and collect lunar samples.

USA wants only one country to install backdoors into networking devices.

That's one less country. Dunno anyone who'd want more

Beijing's announcement also extends its ban on exporting Chinese-produced gallium and other critical minerals to the U.S. to apply to all countries, entities and individuals, saying violators will “be held accountable according to law.”

This'll just further accelerate the worldwide push to source from domestic and all around the world. The world is a big place. Those worldwide businesses will finally get the attention and investments they need

The only thing the world was interested in about China was its cheap labor. Goodbye, China.

How to say you know nothing about the Chinese economy in the year 2024 in a dozen words or so.

The only thing the world was interested in about China was its cheap labor. Goodbye, China.

There are always other sources and alternatives.

Japan doesn't have to worry. Japan has no trade war with China

socrateos:

The only thing the world was interested in about China was its cheap labor. Goodbye, China.

Wake up. It's 2024 now.

Pukey2Dec. 9 11:11 pm JST

socrateos:

The only thing the world was interested in about China was its cheap labor. Goodbye, China.

Wake up. It's 2024 now.

And Chinese companies are still avoided in my house wherever possible.

quercetumDec. 8 11:46 pm JST

And twice, USA has had to beg China for their moon samples. 

There are always other sources and alternatives.

Exactly. Many nations in the world go to the moon and collect lunar samples.

I'm sure they will be available again when the US has manned missions and a space station for the moon.

quercetumDec. 8 11:43 pm JST

There are always other sources and alternatives.

Exactly. The ban on chips to China will just be sourced domestically.

Much harder to build your own manufacturing devices for chips than to change the shipping source address on an invoice.

I'm sure they will be available again when the US has manned missions and a space station for the moon...

....in the year 2100

And Chinese companies are still avoided in my house wherever possible.

In Japan? DAISO?