China has near global monopolies on these exports, accounting for 98% of global gallium production, 93% of germanium production, and 49% of antimony production.
China has near global monopolies on these exports, accounting for 98% of global gallium production, 93% of germanium production, and 49% of antimony production.
I’d define that as an effect, particularly given how the US has been scrambling to insource its tech industry over the last four years. TMSC just ramped up a competitive chip fab in Arizona, for instance.
The argument boils down to each country claiming they need additional security measures aimed at a geopolitical rival. The ramp up to war never looks smart until one side wins.