Japanese media: WTO preliminary ruling Chinese rare earth export restrictions violation

The source said that for the United States and Europe to the World Trade Organization (WTO) against China rare earth export restrictions of trade disputes , WTO Dispute Settlement Body in the interim report of the expert group noted that Chinese rare earth export restrictions violate WTO rules .

According to reports , WTO presented to the interim report of the countries concerned , and to listen to China and other countries in the comments on the report , summary of the final report , scheduled to be announced later this year . Generally speaking the contents of the interim report will be basically reflected in the final report. Panel hearing the equivalent of " first instance " China may be responsible for the WTO Appellate Body of Final Appeal.

According to Japanese reports, in Japan, the U.S. and EU joint prosecution Chinese undue restrictions on exports of rare earths issues, the WTO Dispute Settlement Body 's interim report summarizes the general United States and Europe finds reasonable demands , and advised China to correct inappropriate behavior. In late November, will introduce a final report is not expected to overturn the judgment of United States and Europe may favor on this issue .

Reports that deal with trade disputes at the WTO against the United States and Europe the idea prevailed, which means China 20 years to date resources diplomatic strategy to stall. China's rare earth supply peak , it had to meet 97% of world demand for rare earths . China believes that with a strategic resource exports may become diplomatic card .

Reported that three years ago, the same day in the waters near the Diaoyu Islands collision occurs between the incident, as sanctions against Japan , China limits exports of rare earths . Japanese companies realize that excessive dependence on China risk , start rare earth imports from the United States and other places , to take diversification of sources of imports , and the rare earth used for recycling. Less than two years through independent efforts, the Japanese companies to get rid of China 's resource diplomacy control .

China rare earth industry reflects three years ago Chinese people believe that in order to get rare in Japan , will not hesitate to make a political compromise , but the result was China 's largest rare earth exports lost objects . Last year, China 's export volume of 16,000 tons of rare earth , stay in China for about half of government export quotas . Many companies were forced to stop production related industries .


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