Quite the day for Chinese export controls... Big things are happening.

Oct 9, 2025 · 1:13 PM UTC

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Replying to @gdp1985
Rare earths are a microcosm of how China outcompeted the U.S. in tech over the past 15 years. When something is too strategic to leave to the invisible hand of profit, the visible hand of coordinated public-private action makes all the difference.
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Replying to @gdp1985
Gerard, seems to be Chinese payback for the US chip controls, in a race to the bottom.
Replying to @gdp1985
that's an understatement
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Replying to @gdp1985
Nothing like trying to control the entire global technology supply chain.....
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Replying to @gdp1985
They invented their own FDPR
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Replying to @gdp1985
100 year plan. I don’t think we can fully understand
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Replying to @gdp1985
"it's unrealistic to replicate Chinese supply chains elsewhere!" OK well they're making that decision for you, cheers
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Replying to @gdp1985
Super funny that many of the folks having a panic attack over China’s new export controls today are also usual suspects who like to insist China’s leverage is weaker than it looks and the US just needs to go more hardline. Shows that they really know what they’re talking about!
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Replying to @gdp1985
Tzeesus! This is far more extensive than I thought. #5 is effective immediately restricts the exports of rare earth (RE) technologies related to mining, smelting, magnet and recycling. China doesn't even want others to be able to build alternative supply chains for RE:s!
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Replying to @gdp1985
They learned from their teacher and even made advance in doing so than their teacher 😁
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Replying to @gdp1985
Has the US got any leverage left? China basically said if you ban nvidia sales, we'll ban nvidia in China itself.
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Replying to @gdp1985
I hope the Americans don't feel so sad. They can always make the tech themselves —easy peasy
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Replying to @gdp1985
Don’t know what to make of the market not blinking at this. Is everyone just defaulted to “nothing ever happens” mode? If China or trump doesn’t back down on this, the AI sector is cooked. And that’s the entire US economy right now.
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Replying to @gdp1985
Good of China to remind MAGA why they voted for Trump.
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Replying to @gdp1985
When you're faced with all kinds of demonization, smears, frame-ups and bullying, the simplest and most effective way is to shut up and kick its ass.
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Replying to @gdp1985
The market just shrugged it off because it bets that one side is going to cave in. China is unlikely to cave.
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Replying to @gdp1985
Cup check Trump before he negotiates trade with Xi, this is hardball.
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Replying to @gdp1985
In 1989 I had dinner with an EVP of a powerful Japanese Bank. But he told me that China, then impoverished, would dominate the 21st Century. He said China would often go to sleep for 500 years but when they awoke their sheer size and culture would allow them to rise quickly.
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Replying to @gdp1985
Is your read on 61 that it's any item made with rare earths? The MOFCOM release suggested it was items on the attached control list made with Chinese equipment/materials, e.g. dysprosium refined in Malaysia with Chinese equipment. Otherwise its a claim against every mobile phone.
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Replying to @gdp1985
There should be some expert controls over materials that can be used to make weapons that kill.
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Replying to @gdp1985
China should thanks US goven for its decades long teaching 🤓.
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Replying to @gdp1985
as if millions of boomers suddenly cried out in terror and were suddenly silenced
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Replying to @gdp1985
YCombinator needs to copy paste this list into it's next "request for startups"
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Replying to @gdp1985
China’s new export controls on rare earths, batteries, and rare earth materials show short-term leverage — but long-term risk. Cutting off the world’s supply only accelerates supply-chain decoupling. Resource power fades. Tech ecosystems win. The U.S. will outlast.
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Replying to @gdp1985
Their own aircraft mfg. suffers due to US-mfd. Engines held up due to supply of magnets from China. Such chokes will also choke export of materials, supplies that are also exported in association with these controlled items. Globalisation does have some equity & fairness.
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Then Capital Controls. Then repatriating money invested outside China. #Ausprop @PeteWargent @SantiagoAuFund @Mathan_Soma
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Replying to @gdp1985
It looks like they're holding a mirror up to US export controls, so many will interpret this as simply a negotiating position that won't really be implemented. But rest assured, the AI bubble will burst and bring markets crashing down soon enough
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Replying to @gdp1985
Curious what might be in #59 and #60
Replying to @gdp1985
Boomer and genX fault
Replying to @gdp1985
Solid implementations by bureaucy?
Replying to @gdp1985
Pre-emptive retaliation?
Sounds like Scott Bessent's plan is coming out. It is a controlled monetary detonation designed to fund the technological imperial pivot that breaks China’s export model. First, it involves a revaluation of U.S. official gold held at the Treasury (booked at $42.2222/oz under the gold-certificate system, 31 U.S.C. § 5117) toward a higher reference price (e.g., $5,000/oz). Treasury then issues additional gold certificates to the Fed, which by law must credit the Treasury General Account with dollars; creating a one-off injection to the Treasury of about $1.3Trillion. The proceeds aren’t meant to finance normal government spending, but to reindustrialize and reposition the U.S. industrial economy and invest in AGI, critical minerals, energy, UAP technology, chip fabs, defense autonomy, and a small investment in a Bitcoin Strategic Reserve. In effect, the U.S. will convert symbolic “reserve faith” (gold) into real breakthrough technology and productive capital. A national balance-sheet reset to restore trust. The goal here is eliminating China’s export-led advantage through American tech ascendance by shifting technological and industrial production back onshore and weaponizing tariffs or tech access to allies and funding it with a trillion dollar big bang. This monetary revaluation will be timed carefully with the ontological shock and disclosure of NHI's presence on this planet and the unveiling of 50 years of hidden breakaway UAP tech we've been working on in underground military bases since the 1950s. We will announce to the world that "we possess privileged knowledge" and access to it [UAP tech + AGI + Quantum Computers] will be a new entry fee for allies who will have to fund our government debt. This will be a new Founding Myth for America to regain legitimacy. Just as everyone was starting to think America was sliding into a third world country.
Replying to @gdp1985
We tried to hold back an entire civilization by preventing China from receiving chip making equipment. Swimming conductors are used in everything in the modern world. It was an incredibly shortsighted decision.
Replying to @gdp1985
Wonder what 59 and 60 were.