back to article China sets up association to handle rare earth disputes

The Chinese government has set up a new association for companies in the rare earth industry which will be tasked with promoting development and handling international trade disputes in the increasingly fractious sector. State-run Xinhua reported on Sunday that the body will feature 155 members including heavy weights such as …

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WTF?

China cuts back on mining for "environmental reasons."

I think my BS detector is red-lining.

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"Rare" earths: they're everywhere

and nowhere, like non-Japanese ninjas, in rock form.

Anyway, an association comprised completely of insiders is called a monopoly. Or a joke.

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Those fiendish orientals ...

... are actually daring to use the same tricks that we've been pulling for centuries! Haven't they heard of Intellectual Property?

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Joke

Darn Chinese!

Weren't they supposed to produce cheaply? They will break the world economy -- just as we break the internet and before you know it'll be the dark ages again!

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FAIL

China playing a dangerous game

The fact is China has to be real careful here. Western Democracies have already proven they can withstand a massive downturn without full scale revolution (the PIIGS 3rd world club aside). The Chinese communist haven't. Trade wars tend to get in the way of economic growth.

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