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Economic coercion has a half-life: use your leverage once and it is much weaker the second time, because everyone starts substituting away from you.

Drawn from what Keyu Jin said

China
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What Keyu Jin actually said

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  1. Keyu Jin

    Economist specialising in China's economy

    And what’s more, you use your leverage once, and that leverage has a half-life. It becomes a lot less effective the second time around because other countries, other companies are going to try to substitute away. If China uses the rare earth leverage, which I think it is now a little bit, there will be alternatives and substitutes.

Added to korrents 13 Aug 2025 · How quotes work · Something wrong? Tell us

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