Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

China plans to ban exports of rare earth magnet tech

japannews.yomiuri.co.jp

Post reply on HN
Print view View original

321–330 of 611 posts

Re: China plans to ban exports of rare earth magnet tech

#321

Post by Barrin92 »

HyperSane wrote: post #309
Barrin92 wrote: post #307

Earlier quoted context omitted.

the reality distortion is pretty astonishing. This is clearly retaliation for the American policy of containment. The US for several years has now openly made it its goal to try to strangle Chinese technological development, most importantly in the chips sector. It's actually surprising how little response up until now came out of China. In the world overall nobody actually perceives this as China overplaying its han…

People have been predicting that the US dollar will stop being the dominant global currency for a VERY long time. What are your thoughts on China's treatment of the Uighurs?

Morally I think the treatment of the Uighurs is pretty awful, geopolitically it's irrelevant. Made obvious by the indifference to it even in the Islamic world. And if you think American behavior is determined by the plight of the Uighurs rather than anxiety over losing its hegeomnic position, I have a bridge to sell you.

And yes people have prematurely talked about the end of the dollar mostly for ideological reasons, but now the situation is very different. If you had told me a few years ago that over the course of weeks France will settle gas trades in the UAE in Yuan while Iran and Saudi Arabia restore relations brokered by China with Washington sidelined I would have looked at you funny. This time the world has changed. It's not gonna happen tomorrow or next year, but if the US continues to weaponize its economy to enforce its own politics on other countries, it's a matter of when and not if.

Re: China plans to ban exports of rare earth magnet tech

#322

Post by Regnore »

prottog wrote: post #179
medo-bear wrote: post #149

Earlier quoted context omitted.

about 20 years ago i asked an old commie (proper commie, with portraits of marx engels lenin proudly hung on the wall and a library to show) what he thinks of china. his response stuck with me to this day in china you don't have socialism. what you have in china is a market for head-nooses and western capitalists are the main customer. it's absolutely genius!

The quote "Capitalists will sell us the rope with which we will hang them." has been attributed to various Marxists over the decades.

I’ve always enjoyed interpreting this quote as “The Marxist system is such a terrible socioeconomic system that it can’t even produce its own rope”

Re: China plans to ban exports of rare earth magnet tech

#323

Post by gscott »

sfifs wrote: post #255

Not clear from the article or the comments here whether the proposed ban is on the magnets themselves or the technology to manufacture the magnets. The words read both ways. Anyone has seen/has insight into the original proposal in Chinese?

In the past the ban has been on the raw materials. Japan is setup to process raw rare earth materials so it affected them badly.

Re: China plans to ban exports of rare earth magnet tech

#324

Post by type0 »

dahwolf wrote: post #212
ren_engineer wrote: post #30

Earlier quoted context omitted.

plenty of people have been warning about this for years with regards to the push towards renewable energy and electric cars. China makes 70-80% of the components of solar panels globally. the idea that manufacturing is somehow low value and "services" are what developed economies should focus on is one of the dumbest concepts in human history. It will take the US decades to rebuild their manufacturing base

We have similar delusions here in the Netherlands, but we call it the "knowledge economy". The arrogant and misguided idea that us advanced smart people would do the thinking whilst the dummies make the stuff. Which means you unlearn how to make anything whilst the other party gets ever more advanced at it. And then takes over the thinking too. You end up with a select few Excel managers, a decimated middle class, an…

> The destruction of the middle class in the West has been ongoing for decades now

Virtually all politicians are happy it's happening, populace is easier to control that way.

Re: China plans to ban exports of rare earth magnet tech

#325

Post by nobodyandproud »

serf wrote: post #300
nobodyandproud wrote: post #245

Earlier quoted context omitted.

> Proper evidence would be an study of government officials in power and their position at the time. > It is not 3 hand-picked private industry news articles. It reflects public sentiment. Analysts aren’t the ones in power. Public sentiment and leadership’s will to bend the public sentiment are what matters. See GWB’s bullshit invasion of Iraq.

>See GWB’s bullshit invasion of Iraq. on that point, I seem to remember all (most) of the analyst think-tanks for public policy (RAND corporation, etc) pointing the administration at the time towards the idea of war and 'obvious' WMD proliferation. Also public sentiment was pretty on-board with (apparent) retribution after 9/11. The country got tired of the war effort quick, but the trumpets were blowing pretty loud…

> on that point, I seem to remember all (most) of the analyst think-tanks for public policy (RAND corporation, etc) pointing the administration at the time towards the idea of war and 'obvious' WMD proliferation.

I remember the UN inspectors unable to convince the US leaders that evidence was lacking.

> Also public sentiment was pretty on-board with (apparent) retribution after 9/11. The country got tired of the war effort quick, but the trumpets were blowing pretty loud for a long time after 9/11, both from government and the people around me at the time.

My point exactly. A bullshit war was waged by persuasion with only tenuous evidence: https://www.vice.com/en/article/9kve3z/the-cia-just-declassi...

It’s leaders and public will, not analysts.

Re: China plans to ban exports of rare earth magnet tech

#326

Post by nobodyandproud »

arroz wrote: post #297
nobodyandproud wrote: post #140

Earlier quoted context omitted.

> It's coming sooner or later and the longer you leave your investments in China the more you risk the door slamming shut on your hand. Half the US population is asleep. During my undergrad years, I told my professor—then racing to get a foothold in China—that I thought war with China was inevitable. 15 to 25 years was my projection. He probably thought I was batshit crazy, but here we are. China’s now using shows of…

We are not at war and hopefully we won’t be

I don’t want war either, but I’m genuinely afraid it’s a matter of when and how; and not if.

My biggest fear, however, is that the US will resort to nuclear due to its weak manufacturing.

Re: China plans to ban exports of rare earth magnet tech

#327

Post by WhereIsTheTruth »

causi wrote: post #33
moose_man wrote: post #2

"China is estimated to hold an about 84% share of the global market in neodymium magnets and an over 90% interest in samarium cobalt magnets. Japan, meanwhile, has about 15% of the neodymium magnet market and a less-than-10% share of that for samarium cobalt. If China bans the export of such technologies, it would be difficult for the United States and Europe, which do not traditionally manufacture rare earth magnets…

This is not normal decoupling, we're in a full on economic war. In the short term that's terrible. In the long term, pain now will help minimize pain later when China invade Taiwan and US-China trade drops to zero overnight. It's coming sooner or later and the longer you leave your investments in China the more you risk the door slamming shut on your hand.

China will never "invade" Taiwan, that would be a suicide..

I think the US wants everyone to say that China will invade Taiwan, but it's just geopolitics stuff, spreading some FUD to hinder BRICS development, probably..

> "Instead of going to Mars, we invaded the Middle East," he said. "Donald Trump is right. It's time to end the era of stupid wars and rebuild our country."

https://www.realclearpolitics.com/video/2016/07/21/thiel_fak...

China is looking at Russia very closely, they don't want to repeat the same mistake as Putin, they just want to make sure they don't end up being at the mercy of foreign's will and interests..

Re: China plans to ban exports of rare earth magnet tech

#328

Post by HyperSane »

Barrin92 wrote: post #321
HyperSane wrote: post #309

Earlier quoted context omitted.

People have been predicting that the US dollar will stop being the dominant global currency for a VERY long time. What are your thoughts on China's treatment of the Uighurs?

Morally I think the treatment of the Uighurs is pretty awful, geopolitically it's irrelevant. Made obvious by the indifference to it even in the Islamic world. And if you think American behavior is determined by the plight of the Uighurs rather than anxiety over losing its hegeomnic position, I have a bridge to sell you. And yes people have prematurely talked about the end of the dollar mostly for ideological reasons…

Are you aware of just how strong the US dollar is right now?

Re: China plans to ban exports of rare earth magnet tech

#329

Post by jacquesm »

Barrin92 wrote: post #307
jacquesm wrote: post #230

In a way this is good news. The more China overplays its hand in this undeclared economic war the more likely that Western countries will realize that they are making the exact same mistake with China that they have made with Russia. You can't play nice with dictatorships in the hope that your long term economic interests will be aligned to the point that the other party will be forced to continue to play nice. China…

the reality distortion is pretty astonishing. This is clearly retaliation for the American policy of containment. The US for several years has now openly made it its goal to try to strangle Chinese technological development, most importantly in the chips sector. It's actually surprising how little response up until now came out of China. In the world overall nobody actually perceives this as China overplaying its han…

I don't see the words 'US' or 'America' in that article.

Re: China plans to ban exports of rare earth magnet tech

#330

Post by nobodyandproud »

Aunche wrote: post #271
nobodyandproud wrote: post #146

Earlier quoted context omitted.

> Where are we exactly? Your prediction has not been proven correct. Even as much as things are escalating, war does not appear imminent nor certain. We’re much closer than we were 20 years ago. Nobody believed Russia would actually invade Ukraine; nor that Xi would be foolish enough to scare away Taiwan by muscling in on Hong Kong. Unless the CCP forces Xi out, their hardliners and the middle-kingdom mindset have al…

>We’re much closer than we were 20 years After the collapse of the Soviet Union settled, it has been the most peaceful time in human history (at least for semi-developed nations). A moderate amount of hostility is to be expected as China has approached superpower status. This is still no where near Cold War levels. >Nobody believed Russia would actually invade Ukraine This was always a possibility after Crimea. Peopl…

I imagine Taiwan would be ground down by a war of attrition and isolation.

They are not self-sufficient: https://ap.fftc.org.tw/article/2570

Isolation practice: https://www.latimes.com/world-nation/story/2023-03-08/taiwan...

Post reply on HN