China's Strangle Hold on High-Tech Manufacturing

 

Why is China so dominate in high-tech manufacturing?  Is it because of cheap labor?  No.  It is because the West has ceded the Rare Earths market to them, and now they demand that manufacturing gets done in their country. Rare Earth elements are vital in the creation of high-tech electronics from smart phones and computers to defense industry.

The United States and other western powers must rebuild our Rare Earths capabilities, or be held hostage to the whims of the communist government of China.

Here are two videos that lay out the issues: