China Latest: Xi Urges Open Supply Chains

The transcript discusses the direction of economic globalization, opposing protectionism, and the rising tensions between the US and China over technology restrictions. It highlights China's response by limiting exports of certain metals, reminiscent of past rare earths issues. The discussion also touches on market concerns about the speed of transition and the symbolic nature of these moves.

How does the situation with rare earths relate to the current trade dynamics between the US and China?

What is the significance of the metals being targeted in the current trade tensions?