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Communist China currently faces major challenges: a collapsing demography, an ailing economy, and a military in disarray after a series of purges. But at the same time, the CCP still maintains two strong cards against the United States, says Gordon G. Chang. They have a near monopoly on rare-earth...

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Jan Jekielek

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43,613 Aufrufe • vor 3 Monaten •via X (Twitter)

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China has a dangerous monopoly over America’s pharmaceuticals and rare earth supply chain. Gordon Chang says President Trump is moving at “Trump speed” to break that dependence. “92% of the world’s processing of rare earths occurs in China.” “China has 100% monopoly on about 800-850 pharmaceuticals that Americans use.” “That’s an astounding chokehold.” “Trump is moving at Trump speed to reduce America’s reliance on rare earths.” “We’re making some headway on pharmaceuticals as well.” “Trump has a foreign policy that really is, I think, driving Beijing, to the point where they just don't know what to do.” @GordanGChang
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