This is a call to action for the United States federal government and its citizens. America’s rise to global economic predominance more than a century ago is rapidly coming to an end. The People’s Republic of China has achieved what Imperial Germany and the Soviet Union never could: economic parity with the United States. While China is strategically intent on replacing the United States as the most powerful country in the world, that parallelism has not, in fact, yet arrived. However, forecasts demonstrate that the critical moment of equivalency will inevitably come later this decade. When that moment materializes – and it will – the fundamental basis of world-power politics over the past 100-plus years will have fundamentally changed. China’s inevitable subordination of the United States will assuredly result in a paradigm shift in the global balance of economic and military power.
China’s monopoly on rare earths: the focal point of the heightened US-China trade war
What if China controlled the world’s oil supply, while actively buying oil assets across the planet? Undoubtedly, the West and its allies would be terrified, and rightfully so. Western countries would secure and bolster their domestic supplies to reduce dependence. While it is good this is not happening with oil, the same cannot be said for rare earths and critical materials. In fact, China’s monopoly over the global rare-earth supply chains is more dangerous to the United States than…