Amid the global economic recovery and escalating trade tensions, China's exports have remained a focal point of international attention. In recent years, the country's total exports have risen from 17.24 trillion yuan ($2.41 trillion) in 2019 to 23.77 trillion yuan recently. This period has also seen a clear trend of diversification in both export destinations and products.
Remember when China dropped the price on their rare earth exports by roughly 70% which effectively shut down all other rare earth operations globally, and also started an era of cheap solar panels and electronics? I’d say that was pretty hard to ignore.
Remember when China dropped the price on their rare earth exports by roughly 70% which effectively shut down all other rare earth operations globally, and also started an era of cheap solar panels and electronics? I’d say that was pretty hard to ignore.