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Chinese Foreign Affairs Director visits Japanese companies and says, “Do business with confidence in China.”

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China currently has an actual youth unemployment rate of 25%.

Definitely exceeded (14% youth unemployment rate at the time of Korea IMF)

In addition, the number of empty buildings per population is

More than 4 times that of Korea

Youth unemployment rate and real estate boom are out of control.

(30% of China’s GDP is real estate)

On the other hand, Japan would also face a fatal situation if China’s rare earth imports are suspended.

If there are no rare earths, production will be halted.

There are more than one product

Due to chemicals and hazardous substances released during rare earth production,

Related workers continue to die

Inevitable. In other words, rare earth production is virtually impossible in developed countries.

Other than China, there is no country that can produce rare earths.

So it looks like the two ended up hitting shobu.

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