Commentary
Yukon Huang, Isaac B. Kardon, Matt Sheehan
{
"authors": [
"Yukon Huang"
],
"type": "legacyinthemedia",
"centerAffiliationAll": "dc",
"centers": [
"Carnegie Endowment for International Peace"
],
"collections": [],
"englishNewsletterAll": "asia",
"nonEnglishNewsletterAll": "",
"primaryCenter": "Carnegie Endowment for International Peace",
"programAffiliation": "AP",
"programs": [
"Asia"
],
"projects": [],
"regions": [
"North America",
"United States",
"East Asia",
"China"
],
"topics": [
"Political Reform",
"Economy",
"Trade",
"Foreign Policy"
]
}
Source: Getty
In The Media
Row Over Rare Earth Metals
Rare earth metals are vital ingredients in a wide range of high tech product lines important to global trade and China's perceived monopoly on these metals is a big concern for the West.
By Yukon Huang
Published on Mar 13, 2012
Source: BBC News
Huang explained that China only has one third of global reserves of these minerals; the bulk lies in the United States, Canada, and Australia. Several years ago, China warned that growth in the extraction of rare earth metals would not be sufficient to meet global demand so quotas would have to be levied. Over the last two to three years, Huang concluded, western producers have faced a dwindling supply that is not sufficient to meet their needs.
About the Author
Yukon Huang
Senior Fellow, Asia Program
Huang is a senior fellow in the Carnegie Asia Program where his research focuses on China’s economy and its regional and global impact.
- Three Takeaways From the Biden-Xi Meeting
- Europe Narrowly Navigates De-risking Between Washington and BeijingCommentary
Yukon Huang, Genevieve Slosberg
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
More Work from Carnegie Europe
- Trump Turns NATO into a Tool of CoercionCommentary
The full list of humiliations Europe has endured since Donald Trump returned to the White House makes for grim reading. But Washington’s adversarial approach to its allies undermines its own power base.
Rym Momtaz
- How the EU Can Become Energy IndependentCommentary
The closure of the Strait of Hormuz has triggered a global energy crisis, but Europe is stuck in reaction mode. Without more strategic foresight, the EU will remain dependent on fossil fuels and will never be truly secure.
Milo McBride, Pauline Gerard
- Deciphering Europe’s Relationship with TurkeyCommentary
Debate is heating up on how Turkey could be integrated into a common European defense framework. Commercial and industrial deals offer a better chance at alignment than sweeping political efforts.
Marc Pierini
- Taking the Pulse: Is it Worth it for Europeans to Placate Trump?Commentary
After spending much of 2025 trying to placate Donald Trump, some European leaders are starting to change posture. But is even a hostile Washington still so important to Europe that the U.S. president’s outbursts are worth putting up with?
Rym Momtaz, ed.
- Europeans Are Quiet Quitting the United StatesCommentary
European leaders have now not only lost faith in Donald Trump’s U.S. presidency, but also in America’s hegemony as a whole. But short-term challenges make an immediate divorce unwise.
Rym Momtaz
