The World Trade Organisation has finally agreed to investigate claims by the US, EU and Japan that China is unfairly strangling rare earth exports in order to favour its domestic manufacturing industry. The three complained back in March that China was pushing up prices and restricting exports of the minerals – which are …
Given that China acquired a US ...
business, from GM I believe, I am surprised that the sale wasn't prevented on security grounds y the US of A.
Asleep at the switch again?
China is unfairly strangling
now if they could buy their own WTO like the US then they'd be sorted.
Free trade - if we restrict it, "fair", if they restrict it, "unfair"
I don't know how many lorries you will need to carry off the amount of faggotry and hypocrisy generated during this discussion round. Maybe we can get some Hillary Hysterics and Mitt Foppery out of this though.
Do I need to link to
"to discuss China’s export of rare earths, specifically tungsten and molybdenum."
W and Mo are not rare earths.
They are minor metals.
China produces under 40% of Mo and about 80% of W.
I was thinking the same thing about the tungsten, at least.
Have to agree, Phil - those Chinese are baaad !
After all, China has around 30 % of known rare earth reserves (as pointed out by Tim above, neither W nor Mo are among the so-called «rare earths», i e, the lanthanides plus Sc and Y) and produces about 97 % of those available on the market. This would seem to mean that countries with 70 % of known reserves produce approximately 3 % of the rare earths available on the market. The obvious conclusion to draw from all this is that it is those dastardly Chinese who are holding the market to ransom and that the other countries sitting on all those reserves and which don't choose to produce for the market have nothing at all to do with any lack of these materials there. Right, Phil ?...
- Nokia: Read our Maps, Samsung – we're HERE for the Gear
- Ofcom will not probe lesbian lizard snog in new Dr Who series
- Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
- Too slow with that iPhone refresh, Apple: Android is GOBBLING up US mobile market
- Episode 9 BOFH: The current value of our IT ASSets? Minus eleventy-seven...