China does three things very well?

From today's WSJ.

• China can weaponize its control over global supply chains, notably in rare-earth minerals, lithium-ion batteries, mature chips, and pharmaceutical ingredients.

• Chinese suppliers produce 79% of battery cathodes, 92% of anodes, 63% of refined lithium, 80% of refined cobalt, and 98% of refined graphite.

• China accounts for about one-third of global mature semiconductor production capacity and 99% of global gallium production in 2024.