30 trillion gone! What did China lose in this covert battle with the US in 48 hours?

Today I'm going to reveal a heart-wrenching truth — U.S. Treasury Secretary Yellen publicly stated that China is ready to talk with him. Just two days later, did Beijing go from "toughing it out" to "sitting down to chat"?
Previously, Trump called for 100% tariffs, and everyone thought there would be a fight. As a result, the U.S. secretly did four major things: it tied up rare earth supply with Malaysia, locked down processing rights with Thailand, signed a $13 billion refining agreement with Australia, and opened a new mine in Cambodia. By the time China wants to negotiate, the "rare earth card" and "trade leverage" in hand have already lost much of their weight—technological independence is slipping, control over resources has fragmented, and trade dominance has also collapsed.
The most ruthless thing is that the West currently holds the lifeline of the AI era: the 350 billion US AI industry and the 30 trillion global core resources of AI are all in their hands. Beisent said, "China wants to talk"? I see it is not diplomacy, but rather that China has temporarily accepted a "poor hand."
Globalization is not dead; it has merely transformed into "whoever holds the resources has the voice." This round, the U.S. won by making early plans, but China is not completely losing—what's next is the competition in "speeding up the补短板": resources beyond rare earths need to be seized, and the areas where technology is constrained need to be broken.
Lastly, let me say something from the heart: trading cryptocurrencies is fearful of volatility, but the wins and losses of economic games directly affect whether the coins in your hand are valuable. Want to know how this will impact the market later?