Commentary: Chips won the Cold War. Rare earths may win the next
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The US is letting China take the lead in clean electrical technologies such as rare earths, solar panels and lithium-ion batteries, says David Fickling for the Bloomberg Opinion. SYDNEY: In retrospect, the symbolism of the moment was foreboding. On May 15, 2019, President Donald Trump signed an executive order banning US firms from doing business with Chinese telecommunications companies, including Huawei Technologies. Five days after that first broadside in a brewing trade-and-technology war,
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