GE(US:GE) Sou Hu Cai Jing·2025-06-06 04:53Group 1 - China's export control on rare earths is causing a production crisis for Western high-end manufacturing, particularly in Europe [1][3] - The European Union Chamber of Commerce has warned that manufacturers may run out of necessary materials within days due to China's restrictions [1][3] - China's Ministry of Commerce has hinted at a potential easing of export controls to Europe, emphasizing the importance of cooperation in the global semiconductor supply chain [3][5] Group 2 - European manufacturers rely heavily on Chinese rare earths for various industries, including electric vehicles, military applications, and semiconductor equipment [5][3] - The current "one batch, one certificate" policy in China has led to a backlog of thousands of license applications for rare earth exports [5][6] - The U.S. is reacting negatively to China's potential easing of export controls, with the U.S. Department of Commerce suspending certain licenses for American companies to sell products to Chinese manufacturers [6][7] Group 3 - The U.S. is particularly focused on the engines of China's C919 aircraft, which are critical for its development [7][10] - Despite the U.S. concerns, alternatives to the C919's engines exist outside of the U.S. market, indicating that sanctions may backfire [10]