China just made its most significant naval move in the Taiwan Strait in years — and most investors aren't paying attention. In early March 2026, the People's Liberation Army Navy commissioned two new Type 055 guided-missile destroyers — Dongguan and Anqing — and assigned them to the Eastern Theater

Beijing controls 90%+ of rare earth processing and has deployed targeted export controls on the minerals inside every F-35, EV motor, and 5G chip. This is not an economic dispute. It is a minerals war — and it has already begun.

Washington has quietly walked back the 2027 invasion warning — but the threat hasn't gone away. It's bypassed deterrence, shifted to gray-zone coercion, and created a risk profile that markets are poorly positioned to price.