China now controls world's molecules, critical minerals, and potentially chips through Taiwan

What was said

"China now controls all the world's molecules 'cause it can throttle up and down, you know, 20 million barrels a day. Of molecules. And then, uh, and by the way, you could build pipelines, but I'm sure that the Iranians, as they get reinforced with Russians and Chinese, will take this— some of these pipelines out. And now the Chinese control all the world's critical minerals. So they own the critical minerals, they control the molecules, and oh wait, they also can potentially control the chips through Taiwan."

A senior Wall Street analyst warns that China has consolidated control over global physical resources including oil processing, critical mineral refining, and semiconductor production. The analyst emphasizes that every U.S. rare earth refining operation still depends on Chinese chemicals and equipment, making Western supply chain independence impossible. This control extends beyond raw materials to the processing capacity needed to convert them into usable products.