• ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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      1 year ago

      You mean China vs the crumbling western empire that accounts for around 20% of the world’s population and doesn’t actually produce much of anything? 😂

  • u_tamtam@programming.dev
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    1 year ago

    China seems incapable of reading the room/learning from recent geopolitical events. There is no turning back once economies are decoupled and bridges are burnt. It’s almost as if Xi is high on his own propaganda and forgot he has to rely on the world economy to get his fiefdom beyond the middle income trap and through the crises (demographic, environmental, economic) to come. If Europeans are willing to pay double their heating bill so not to rely on Russian gas, there’s no reason not to consider alternative producers of rare earth, which are literally everywhere.

    • Bloops@lemmygrad.ml
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      1 year ago

      Yes you are so right. It’s very unfortunate dictator Xi Jinping is doing this out of nowhere based on no past events whatsoever. It’s really a shame we live in an acausal world.

      • u_tamtam@programming.dev
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        1 year ago

        I appreciate your sarcasm, though, I didn’t imply this comes out of nowhere. This escalation has been brewing for decades and is only exacerbated by Xi’s agressive doctrine.

        Like for all authoritarianisms, the leader gets to score some short term points and everyone else loses. In this instance, China will lose more (practically speaking, its position as the largest exporter of some rare earth)

    • Pili@lemmy.ml
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      1 year ago

      If Europeans are willing to pay double their heating bill We’re not willing, we’re being forced to by our scummy governments. They never asked us for our opinion.

  • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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    1 year ago

    In the long term the west will have no choice but to start creating their own supply chains, however that’s going to take many years to do. Meanwhile, China already has independent end-to-end supply chains and that means Chinese companies will have a huge advantage producing tech products using these rare metals giving China a huge market advantage.