Lets look at what this materials move means for the rest of the world. The consensus is that will be damaging not fatal for the United States. The reason china dominate the market is not because it is the only place where gallium and germanium exists, but because it is by far the cheapest place you can get them from. You dontjust dig them up from the ground, they are derived from a more complicated Reduction Process and china has that capability. So governments and businesses will have to rely on cheaper substitutes and alternative sources. It means prices will go up, it means some products might be less effective and some production right be delayed. So this sort of poses a bit of an existential thread for western industry, its the gradual erosion of capability. But in a broader sense this threatened the overall narrative of globalisation, the idea that International Markets will be able to deliver what you need, when you need it at the price that you need. Derisking is what western g
What this materials more means for the rest of the world. The consensus is that will be damaging not fatal for the United States. The reason china dominate the market is not because it is the only place where gallium and germanium exists, but because it is by far the cheapest place you can get them from. You dontjust dig them up from the ground, they are derived from a more complicated Reduction Process and china has that capability. So governments and businesses will have to rely on cheaper substitutes and alternative sources. It means prices will go up, it means some products might be less effective and some production right be delayed. 50 some production right be delayed some production right be dela ed. , delayed. So this sort of poses a bit of an delayed. So this sort of poses a bit of an existential delayed. So this sort of poses a bit of an existential thread i a bit of an existential thread for western industry. Finding a place for western industry. Finding a place for for west
on certain drone related equipment, like engines, lasers and anti drone systems. the new restrictions will kick in next month. the controls could affect some consumers. china is home to a big drone manufacturing industry that exports to multiple countries like the us. beijing said the new move will safeguard national security interests, after criticism that its drones were used in the ukraine war. meanwhile, beijing has unveiled new measures to boost consumption in the world s second largest economy, targeting areas like real estate and the auto sector. this is as the latest manufacturing data in the country slumped for the fourth month in a row injuly. china s economy is showing signs of slowing, as demand weakens at home and abroad. earlier, i spoke with louise loo of independent advisory firm oxford economics, and she gave us her take on beijing s latest measures. we were very much hoping
the new restrictions will kick in next month. the controls could affect some consumers. china is home to a big drone manufacturing industry that exports to multiple countries, like the us. beijing said the new move will safeguard national security interests, after criticism that its drones were used in the ukraine war. meanwhile, beijing has unveiled new measures to boost consumption in the world s second largest economy, targeting areas like real estate and the auto sector. this is as the latest manufacturing data in the country slumped for the fourth month in a row injuly. china s economy is showing signs of slowing, as demand weakens at home and abroad. earlier, i spoke with louise loo of independent advisory firm oxford economics, and she gave us her take on beijing s latest measures. we were very much hoping authorities would move from policy guidance to policy implementation. that really was not the case. we are seeing a lot more of rehashing what has been
the industry. that is an ashton there. speaking of restrictions, china has slapped export controls on certain drone related equipment, like engines, lasers and anti drone systems. the new restrictions will kick in next month. the controls could affect some consumers. china is home to a big drone manufacturing industry that exports to multiple countries like the us. beijing said the new move will safeguard national security and interests, after criticism that its drones were used in the ukraine war. meanwhile, beijing has unveiled new measures to boost consumption in the world s second largest economy, targeting areas like real estate and the auto sector. this is as the latest manufacturing data in the country slumped for the fourth month in a row injuly. china s economy is showing signs of slowing, as demand weakens at home and abroad. earlier, i spoke with louise loo of independent advisory firm oxford economics, and she gave us her take on beijing s latest measures.