Day said the Chinese Rare Earth thoroughly playing hurt U.S.

U.S. President Barack Obama issued a statement in the local, the proposed joint EU and Japan against China's restrictions on exports of rare earths to the World Trade Organization (WTO) proposed trade litigation. Japan's Kyodo News on the 13th that the United States and Europe will lift restrictions tripartite consultations with China. If the problem is not resolved, it will ask the WTO to set up expert group to be addressed.

The Associated Press said, according to WTO litigation mechanism, China has 10 days to respond to the lawsuit, and must be within 60 days with the U.S., EU and Japan held talks. If you can not reach an agreement within that period, the United States and Europe at the right to ask the WTO to establish a working group to investigate the case.

German media said that the EU will soon submit indictments. Although Japanese officials have reacted more cautiously, the Japanese media Quedui rare earths "to heart." Japan's Fuji TV said the international community was united in respect of China selfish act sanctions.

"China's rare earth policy finally angered the U.S.." Japan's TBS television said. The Associated Press said Obama Zhefan move is thought that his government is led by blow "from China's unfair trade." Reuters said Obama recently created a "cross-ministerial trade enforcement center," The center is expected to start running in the coming months, the primary objective is to ensure that China respects the WTO rules.

British "Financial Times" said that the U.S. and the EU and China to increase investment in an escalating trade dispute bet, this is the latest sign of trade friction between the two sides. "Unless China agreed to the West to relax restrictions on exports of rare earths, otherwise it will become this year's round of Western China in the WTO legal proceedings initiated the first step in the process." "The New York Times" on the 13th to "wipe new spark trade disputes" as questions that Xi Jinping visit the United States and Europe less than a month after China and its two largest export markets has eased trade relations between coming to an end

Rare problems China will make concessions if sanctioned

Global Network reporter Li Zongze reports, the USA, Japan, the European Union recently teamed proposed rare earth export restrictions on China to the World Trade Organization (WTO) proposed trade litigation. China two department immediately declare that China for the purpose of protecting the environment and resources, reorganized indiscriminate Luancai business, not restrict exports; Secondly, the 2011 export quotas does not even have run out. The Chinese side will be based on the WTO dispute settlement program, properly handle the relevant request for consultations. German media have analysts believe that China's restrictions on exports of rare earths is in line with national conditions, but also that "China Without concessions, may be subject to sanctions."

Germany's "World News" on March 13 in an article wrote: "around the earth against China trade war, the EU, U.S. and Japan alliance. These industrial countries to the World Trade Organization (WTO) against China, which risking with the world's second largest economy to trade the risk of war and this trade dispute is Beijing with three other world economies dispute between one of the many, however, the EU, the U.S. and Japan combined in the WTO on the rise World economic powers to take action, or the first time. "

"China accounted for scarce raw material extraction for 97% of global consumption, which remained almost monopolistic exploitation of the world, but China only controls the world's reserves of about 1/3 in Canada, the United States, Brazil, India, Russia, Vietnam, Australia and Kazakhstan also found large deposits. "the newspaper said.

The article also pointed out that China's own demand for rare earths have also increased significantly, so the Chinese producers are "preferential treatment" home buyers. In addition, the Chinese clearly feel an advantage, because the low cost of mining and metal for a long time in the world market with very low prices. Wen told Merkel said that China in the past to sell salt sold for rare earths. However, critics believe that China mainly want to create a competitive advantage for domestic industries, often speculated that China would like to export restrictions force foreign aid concern the factory moved to China, so you can more easily obtain such materials.

"Le Monde" on March 13 another one comment that "Although Beijing in the rare earth export restrictions than in the past on the issue of trade disputes have better reasons, but likely to have been condemned by the WTO."

Report called: "Now take coordinated action is very important, because the relationship to the rise in the Far East economic powers in the world's ability to comply with free competition rules of the game for German companies, this effort is actually long overdue, because the Unlike its name implies, is not a rare earth, but everywhere in the world, China Although mining 97% of world consumption, China's underground storage is just a total reserves of 1/3 as compared OPEC control the global oil reserves 2/3 China dominate the world market because of China's low cost of mining, industrial countries can not keep mine Since the Chinese restrictions yttrium and lutetium and other metal exports, the market prices Price is more expensive in other countries led to the exploitation of profitable again. "

"Worldwide, reopen closed mines, the development of new reserves. Present shortage can quickly end. On Germany's industrial is good news for new suppliers in the future will reduce dependence on China, but rare will be more expensive, because the Australian or Canadian metal mining is more expensive than the Chinese. "newspaper analysts say.

"Financial Times Deutschland" on March 13 reported that claimed, "China unmoved on appeal, and now the World Trade Organization (WTO) to come forward to solve." Report, said: "Beijing for years to intensify export restrictions, including quotas and export delivery tariffs, which contributed immensely in raw material prices. "newspaper also said that the WTO should be considered within a month after the beginning of the arbitration program to WTO arbitration ruling ended. "China Without concessions, it will lead in the worst case, be subject to sanctions."

For the outside world called on China to relax the export of rare earth unreasonable demands, China MIIT and the Ministry of Commerce on the 13th to respond. MIIT minister Miao Wei, 13, said Chinese exports of rare earths and other issues because once sued, will take the initiative to respond, to explain the situation. Miao Wei stressed that China's rare earth export policy is not directed against a particular foreign users, but do not want to carry on trade protection through this approach, but for the protection of the environment and achieve sustainable use of resources and development. Commerce Department of Treaty and Law Department is responsible for the day also pointed out that China's policy objective is to protect resources and the environment and achieve sustainable development, has no intention of trade-distorting way to protect domestic industries.

United States and Europe lawsuit intended to restore Chinese Rare Earth "cabbage price

United States and Europe recently proposed for China's rare earth export quota proceedings. March 13, China United States and Europe received questions about rare earths, tungsten, molybdenum export management measures in the request for consultations. If the consultation is invalid, the program will wait for the World Trade Organization (WTO) panel and the Appellate Court ruling.

The current trade dispute earth, its essence lies in pricing. In the past, because the domestic exporters export vicious and disorderly competition, China's rare earth trade in the international market have lost pricing power, valuable resource sold "cabbage price." Although it has identified China's rare earth export quotas, but did not cause substantial demand in Europe and America harm. In 2011, for example, as of November, China's total exports of 14,750 tons of rare earth, accounting for the total annual export quota of 49%. In other words, Western and Japanese companies and not because of China's quota and a "hungry" situation. RE prices on the international market due to China's efforts to protect resources and other reasons, there was a substantial rise. The purpose of the lawsuit United States and Europe, said plainly, is to want to be paid in the rare earth trade "cabbage price."

17 kinds of rare earth elements are essential to modern industry "seasoning." At present, China's rare earth reserves account for about 36% of the world's rare earth reserves, but provides 90% of the international market supply. Disorderly development, has caused serious environmental problems of our country. Part of the production of corporate environmental awareness is not strong, "moving mountain sports" type of rare earth mining, resulting in a very low efficiency of resource use and environmental pollution. Even through technological upgrading, rare earth production is still difficult to solve pollution problems. Environmental issues not only affect China, from Inner Mongolia sandstorm blowing in less than one day be able to reach Japan. The Government of Japan urges China to strengthen environmental protection on the one hand, the other hand, despite the continuing large-scale mining hazards requires China's rare earth resources in Inner Mongolia, which is really strange logic.

Furthermore, the United States and Europe and Japan have long complained that China's trade policies cause international economic development is not balanced. In this context, management and control, "two high and one capital" (high energy consumption, high pollution and resource) exports, trade balance our efforts is an important part. United States and Europe and Japan on the one hand accuse China exports too; hand and do not want in their higher mining costs, heavy pollution resource products (such as rare earth), but accused the Chinese quota for export of such products. Its double standards, unacceptable.

For the current international rare earth trade disputes, China needs to make full use of international trade rules, rational, calmly.

In the long term, China's rare earth need to establish long-term sustainable development strategy. First, we must speed up mergers and acquisitions, completely change our rare earth enterprises "small and scattered" or "big but not strong" dilemma. Second, we should pass legislation to strengthen the mining and processing technology management, environmental impact assessment management, improved market access management system. Third, China is necessary to learn the lessons of the international iron ore trade, to encourage international competition to build a new knowledge of the rules of trade associations, trade links solve production problems in the disorderly competition. Production enterprises, we must hold their own product pricing.

In short, the current rare earth international trade disputes, and any "conspiracy theory" and the nationalist sentiment to no avail. We actively respond to WTO litigation at the same time, our country needs a clear policy objectives, the early development of a comprehensive long-term strategy for rare earths. In the rare earth resources protection issues, as long as proper measures, we have no grounds for pessimism.


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