China’s Grip on World’s Rare Earths Under Scrutiny During Trade War with U.S.

China’s Grip on World’s Rare Earths Under Scrutiny During Trade War with U.S.

Assessment

Interactive Video

Business

University

Hard

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The video discusses China's historical and potential future restrictions on rare earth exports, which significantly impact global supply chains, especially in technology. Despite past lessons, diversifying supply away from China remains challenging due to limited global production capacity, with Australia being a distant second in production. The discussion highlights the economic implications and strategic importance of rare earth elements.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the market for tech gadgets influence the speculation about China's potential actions regarding rare earth shipments?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the restrictions on shipments from China between 2000 and 2015?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications could China's control over rare earth supply have on the global economy?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Why is it challenging for the US to diversify its supply chain away from China?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does Australia play in the global supply of rare earth elements compared to China?

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