cross-posted from : https://lemmy.zip/post/55299032
The trade talks showed just how much leverage China has over the US. This is largely thanks to its near-total domination of the supply chain for rare earth minerals
The US also relies on China for ingredients in nearly 700 medicines—a dependency so sensitive that China’s negotiators didn’t even bring it up in the recent trade talks.
And the decision by China in October to cut off exports of computer chips made by Chinese-owned Nexperia, leading to production slowdowns for carmakers including Japan’s Honda and Nissan, shows just how much disruption it can cause when it wants to.
- In clean energy, China is running laps around the rest of the world, building twice as much solar power capacity as the US and Europe combined.
- The country dominates the global EV market, producing 70% of the world’s electric cars. It’s the leader in battery technology too: At this year’s Shanghai auto show, carmaker BYD Co. demonstrated a battery that charges most of the way in five minutes.
- In 2024, China installed more factory robots than the rest of the world combined.
- Shenzhen-based DJI sells 70% of commercial drones for consumers and businesses, and the US lags China in military drone technology as well.
recent report by the US-China Economic and Security Review Commission found that “China leads the world in quantum communications and is making rapid progress in quantum computing and sensing.” While China is behind on cutting-edge AI, it’s receiving more AI-related patents than any other country and is pushing the limits of what’s possible without the most advanced chips
Not punishing victims of capitalism? And I thought they couldnt be more based.