中国6149吨稀土出口创纪录！对日本暴增35%，对美国骤降11%真相

Core Insights - China's rare earth magnet exports reached a new high in November, indicating not just a recovery in exports but a strategic maneuver in the global market [1] - Rare earth elements are crucial for high-tech products, and China holds 90% of the global refined rare earth production capacity, making it a strategic asset rather than just a commodity [1] Export Dynamics - In November, China's rare earth exports to Japan increased by 35%, while exports to the U.S. decreased by 11%, reflecting a tailored approach to different countries [3][6] - This strategy aims to strengthen partnerships with Japan, which is a key player in the supply chain, while managing risks associated with U.S. policies that may threaten supply chain security [6] Strategic Considerations - A complete halt in exports would be unwise, as it could lead to other countries developing their own supply chains, which would take years and leave China's domestic rare earth companies vulnerable [8] - The optimal strategy involves a balance of supply, allowing for civilian market sales while restricting military and strategic uses of rare earths [10] Underlying Logic - Rare earths should be viewed as a reusable asset rather than a one-time commodity, allowing for strategic leverage in negotiations [12] - The approach taken by China reflects a sophisticated understanding of international relations, where the goal is to maintain control and influence while still engaging in trade [16] Conclusion - The increase in rare earth exports is not merely a statistic but a reflection of a complex strategic game, balancing cooperation with Japan and caution towards the U.S. [16] - Understanding the motivations behind these export figures is crucial for interpreting the broader implications in the context of international trade and geopolitics [16]