If there is a moment of origin for the China shock that has hit the United States, it is events around rare earths in the late summer and early autumn of 2010. (unherd.com)

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[-] [email protected] 6 points 7 hours ago

Deng Xiaoping drew up a 10-year national plan for rare earth production and research. Then, finally on schedule, serious mining began at Bayan Obon in the mid-Eighties with the expressed purpose of exporting to Japan and the United States.

deng-smile It's insane how consequential Deng Xiaoping's leadership has been for China in the modern era. He certainly made many decisions I disagree with, and railroaded China down a path where worker's rights have been eroded at the expense of an export-oriented economy, but god damn he is consistently proven right in the face of events happening now.

this post was submitted on 14 Jul 2025

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