But that is too kind and civilized. I think what China need to do now is to UTILIZE the naturally formed ANTI-USA GLOBAL ALLIANCE, caused by Dotard Sanctions & Trade Wars & Bullies. Impose a GLOBAL DIVISION TRADE WAR ZONE POLICY. Any country must STOP TRADE RELATIONSHIP WITH USA or be classified to face CRAZY IMPORT+EXPORT TARIFF.
https://www.rt.com/business/462025-china-rare-earth-policy/
China to roll out new rare earths policy ‘as soon as possible’
Published time: 17 Jun, 2019 04:34
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FILE PHOTO: Samples of rare earth minerals © Reuters / Phil Berlowitz
The spokeswoman for the Chinese state planning agency NDRC, Meng Wei, did not provide any further details at a Monday press conference.
Beijing’s veiled threats to restrict exports of rare earth metals to the US have been called by many as one of China's nuclear options in a trade conflict with Washington. The US relies on China for about 80 percent of its rare earths supplies. The metals are used in everything from electric car motors and electronics to oil refining. They are also vital for US national security, as they are used in many major weapons systems.
Also on rt.com Trade war battlefield: US desperately searches for rare earth metals as China hints at export ban
Washington has reportedly started exploring opportunities to purchase rare earth metals from African countries, but they cannot provide the volume that China can. Beijing's reserves account for roughly 30 percent of the world's total, and the country dominates global supply chain as it produces more than 80 percent of them.
Rare earth metals are a group of 17 chemical elements, namely gadolinium, holmium, dysprosium, europium, ytterbium, lutetium, neodymium, praseodymium, promethium, samarium, terbium, thulium, cerium, erbium, scandium, yttrium and lanthanum. Technically they are not rare but very difficult to find in large concentrations, and hard to process as the ores often contain naturally occurring radioactive materials.
Also on rt.com What are rare earth metals & why they are China's ‘nuclear option’ in trade war with US
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https://www.rt.com/business/462025-china-rare-earth-policy/
China to roll out new rare earths policy ‘as soon as possible’
Published time: 17 Jun, 2019 04:34
Get short URL
FILE PHOTO: Samples of rare earth minerals © Reuters / Phil Berlowitz
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The spokeswoman for the Chinese state planning agency NDRC, Meng Wei, did not provide any further details at a Monday press conference.
Beijing’s veiled threats to restrict exports of rare earth metals to the US have been called by many as one of China's nuclear options in a trade conflict with Washington. The US relies on China for about 80 percent of its rare earths supplies. The metals are used in everything from electric car motors and electronics to oil refining. They are also vital for US national security, as they are used in many major weapons systems.
Also on rt.com Trade war battlefield: US desperately searches for rare earth metals as China hints at export ban
Washington has reportedly started exploring opportunities to purchase rare earth metals from African countries, but they cannot provide the volume that China can. Beijing's reserves account for roughly 30 percent of the world's total, and the country dominates global supply chain as it produces more than 80 percent of them.
Rare earth metals are a group of 17 chemical elements, namely gadolinium, holmium, dysprosium, europium, ytterbium, lutetium, neodymium, praseodymium, promethium, samarium, terbium, thulium, cerium, erbium, scandium, yttrium and lanthanum. Technically they are not rare but very difficult to find in large concentrations, and hard to process as the ores often contain naturally occurring radioactive materials.
Also on rt.com What are rare earth metals & why they are China's ‘nuclear option’ in trade war with US
Like this story? Share it with a friend!
