Gavekal Technologies: Briefing
Arthur Kroeber, Tom Hancock, Damien Ma
20 Oct 2025
The tensions over China’s new rare earth export controls may be abating, as Beijing and Washington try to get their trade talks back on track. But the fundamental problem remains: China has a lock on rare earth elements, and there is no easy way to break its chokehold. In this Briefing we revisit the reasons why. We also explain why China is the only country likely to solve the trilemma of making energy green, cheap and secure, and examine its aspirations in biomanufacturing.
Gavekal Technologies: Chips
Arthur Kroeber, Laila Khawaja, Damien Ma, Tom Hancock
7 Oct 2025
Both China and the US are now fully committed to industrial policy, but the ingredients for success will differ in each country. In this issue of Gavekal Technologies Briefing we look at what lessons the US can draw from China’s industrial success, and what China’s next steps will be in artificial intelligence, clean energy and biotechnology.