China has unveiled plans to restrict exports of graphite — a mineral crucial to the manufacture of batteries for electric vehicles (EVs) — on national security grounds, the Ministry of Commerce and the General Administration of Customs said Friday.
The announcement comes just days after the United States imposed additional limits on the kinds of semiconductors that American companies are able to sell to Chinese firms.
China, which dominates the world’s production and processing of graphite, says export permits will be needed, starting in December, for synthetic graphite material — including high-purity, high-strength and high-density versions — as well as for natural flake graphite.
Graphite is a form of carbon, so if price goes up maybe we can use the carbon in CO2 out of the atmosphere… /s
We could just mine it from pencils.
Just rummage around the bottom of my kid’s backpack. That ought to cover the US for a few months.
I’m willing to contribute my extra methane rich farts after eating Mexican.
1 Turkey 27.2%
2 China 22.1%
3 Brazil 21.2%
4 Madagascar 7.9%
Seems like the shit heads have all the graphite time to innovative around it
Sounds like China is doing Turkey and Brazil a solid.
I spent a good bit of the nineties preparing for this … TekWar
The kids have to learn about TekWar sooner or later
This is the best summary I could come up with:
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.
China has unveiled plans to restrict exports of graphite — a mineral crucial to the manufacture of batteries for electric vehicles (EVs) — on national security grounds, the Ministry of Commerce and the General Administration of Customs said Friday.
The announcement comes just days after the United States imposed additional limits on the kinds of semiconductors that American companies are able to sell to Chinese firms.
“At the moment both China and Western countries are engaged in a tit for tat, highlighting how protectionist measures often spread.
Newton’s third law that every action causes a reaction applies here, too,” said Stefan Legge, head of tax and trade policy research at the University of St Gallen in Switzerland.
Global sales of EVs, including purely battery-powered vehicles and hybrids, are soaring, according to the International Energy Agency.
The original article contains 320 words, the summary contains 162 words. Saved 49%. I’m a bot and I’m open source!
Surely this minor inconvenience will make them reconsider!
-Xinnie the Pooh
deleted by creator
Ah, of course it’s China escalating the trade wars.
Started by yours truly
