China Rare lawsuit "first instance" in Europe and America losing allow Day cheer victory
- Details
- Category: Rare Earth News
- Published on Friday, 28 March 2014 14:09
Yesterday in the U.S., Japan and Europe , the words by the media as a " major news " to announce . Make them happy is the World Trade Organization (WTO) after two years of trade-offs , in the 26th ruling Chinese rare earth export restrictions practices contrary to WTO rules , China in the battle to protect its rare earth resources in the battle lost . In accordance with the usual Western view, the development of high-tech is a rare indispensable strategic resource , from smart phones to missile guidance are inseparable "industrial vitamins ." But over the years, China has to account for only 23 percent of the world's total reserves reserve supply 95% of the world 's rare earth production , not only low prices was like " selling gold potatoes price" , there is a huge environmental cost to pay . When China began to realize that the problem is serious restrictions of rare earth exports , the United States and Japan has shown impatience , one after another to say "no ." WTO26 day for their opinion felt partial to make China the world's dangerous and unfair rules of the game . Lost the lawsuit , then how to do ? This is not only a test of China 's wisdom , but also related to unfair era " world to enjoy cheap Chinese rare earth" can not end .
"As a contribution to the country , China over the years to meet the global demand for rare earths , countries deserve to understand, especially considering China to pay a huge environmental cost for the production of rare earths. Even in developed countries lips do not say thank , at least have the heart to say thank . " Zhang Anwen , deputy secretary general of China Society of Rare Earths 27, " Global Times " said.
A day earlier , the WTO announced v. Chinese rare earths , tungsten, molybdenum export management measures related to the case of the expert group report of the U.S. , EU and Japan . The report for up to 257 , but the core conclusions are summarized in a number of international media, both - the expert group recognized China's rare earth , tungsten, comprehensive resource and environmental protection measures taken molybdenum , but ruled that Chinese products involved export duties , export quotas and export quota management and allocation measures do not comply with the relevant WTO rules and China 's WTO commitments . Chinese Ministry of Commerce issued a statement Sunday evening , the former " expressed appreciation " , the latter " regret ."
"This is a major victory for the U.S. , EU and Japan made " British "Financial Times" said , WTO ruling was welcomed by trade officials of the United States , Japan and Europe . EU Trade Commissioner De Gucht said: "The ruling shows that no country can hoard of rare earth from global markets, and to allow other WTO members to pay . "The United States Trade Representative Frohman said that U.S. manufacturers for the same price paid for the rare earth three times higher than Chinese competitors , " the ruling would mean U.S. manufacturing companies and workers will be able to compete fair . " Japan's trade minister praised the 27th Motegi sensitive charge fully acknowledged Japan's WTO advocates , " strongly urged China as soon as possible to correct the rare earth export restrictions ." As to why they are so happy, "Financial Times" said that Beijing's restrictions on exports of rare earths in 2009 introduced the policy , resulting in global rare earth prices soared in 2011 , part of the rare earth prices rose as much as 500%.
"The United States and China focus on exports of rare earths to win the fight ," the U.S. Department of the 26th Mike Lacy reported that because from hybrid car batteries , smart phones, to flat-panel TVs and high-quality steel , rare earth almost every aspect of the high-tech sector are essential , while China 's rare earth production accounted for 95 % of world production , and therefore the United States , Japan and Europe and China 's rare earth trade disputes affecting the world today can be said almost all electronic equipment manufacturing. In 2012, the United States against China to the WTO first , followed by the European Union and Japan to join. China has made " protecting the environment " is a very Western way of saying to the defense . The WTO final standing of the U.S. side.
"The New York Times" said that Beijing hopes in this case shows that Chinese restrictions on rare earth export quota for the protection of the environment , but the WTO found China policy has resulted in exports of rare earth prices higher than domestic sales price , in violation of WTO principles of non-discrimination . In the next 60 days before the appeal is expected this summer, will do final WTO ruling , and therefore increase the United States and Japan may impose economic sanctions against China .
Media in the United States , Japan and Europe over the years descriptions, sitting on the world's largest reserves of rare earth resources, China's total monopoly like the "landlord ." Japanese media complained that China in 2010 due to the Diaoyu Islands issue significantly reduce exports of rare earths to Japan , the British " Financial Times" claimed in the distribution of rare earth resources , China has been "God's favor ." U.S. website said that Chinese control of rare earth "Let shackled ." United States, " Science and Technology Daily " net 26, said that when the seventies and eighties of the last century the United States , Australia and other countries decided to stop the exploitation of rare earth costly , (on the first edition ) China does not herd , decided to maintain rare earth mining and production , when the Chinese people look silly , now, the former " stupid" gave China a gold mine , today , rare earth buyers only let Chinese prices, when they wanted to change vendors , but found no do home.
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