普京打了最不该打的“稀土牌”，要给特朗普开后门？中国不得不防

Core Viewpoint - China maintains its position as the "world factory" for rare earths, leveraging its complete industrial chain and advanced refining technology, while a resource competition involving the U.S. and Russia is intensifying [1][3]. Group 1: China's Position - China effectively transforms rare earths into essential components for modern industry, referred to as "industrial MSG" [1]. - The country adopts a strategic approach by managing exports differently based on the type of rare earth elements, easing restrictions on those in high demand for civilian use while strictly controlling exports of specialized rare earths needed for U.S. military applications [10]. Group 2: U.S. Concerns - The U.S. is heavily reliant on Chinese rare earth supplies, prompting efforts to find alternative sources amid fears of supply disruptions [1][3]. - The U.S. faces a dilemma between choosing a reliable but conditional supply from China or risking investments in uncertain alternatives like Russian rare earths [8]. Group 3: Russia's Strategy - Russia claims to have significant rare earth reserves, estimated at least 28.5 million tons, and aims to position itself as a global supplier while suggesting cooperation with U.S. companies [3]. - President Putin's statements link rare earths to national security and economic independence, indicating a strategic move to leverage these resources amid U.S.-China tensions [3][12]. Group 4: Risks and Challenges - Despite its vast reserves, Russia faces challenges in refining technology and infrastructure, which may hinder its ability to compete with China's established capabilities [6][8]. - The investment risks in Russian rare earths are significant due to unpredictable returns and concerns over quality and supply stability [8].