Rare does not dilute the anger still Sheng

Beijing rare earth hoarding , the western countries wrath . However, this problem has solved itself . Deutsche Welle columnist Zelin that there is no insight came only WTO .

If Russia's natural gas supply restrictions , Africa and the oil-exporting countries were reduced output of diamonds and oil , it first had it. Furious over the world , prices rise, but true. But rare is another matter. Especially since this stuff from China . Just recently the World Trade Organization ruled that China must not reduce exports of rare earths .

Go complain to the WTO is obvious the U.S., EU and Japan. Because Western countries fear Yeah. This is related to the supply of raw materials. Advanced industrial countries produce displays, wind power equipment and high-tech products such as electric vehicles must be used when rare .

The relevant provisions of the WTO have been mined raw materials must be supplied to the international market . When setting prices according to supply and demand may be. This also will be able to guarantee the status of the industrial countries of large customers . But at the same time also raised the WTO should implement sustainable exploitation of resources . This naturally also with the Chinese side 's intention : to protect the environment less mining. But Chinese people took advantage of this reason can not be accounted for in the WTO lawsuit . Chinese people faced with the WTO ruling , said the case must appeal immediately .

The industrial sector more metal can be recycled from the old machine inside
through new processing procedures
People feel Paradoxically, the quarrel had deviated from the origin of things . Initially a few years ago when a sudden decrease in the supply of rare earths , the West and China began quarreling . But now the problem of rare earth supply has actually been resolved. Industrialized countries spent some time looking for alternatives to rare earths , and they found it. More metal can be recycled from the old machine in the adoption of new processing procedures. Industry has learned in the production process to reduce the use of rare earth consumption .

Suddenly became rare earth supply glut , prices have fallen . Now the price dropped compared with three years ago : decrease in the value of different rare earth metals contained as high as 70% to 95%. Westerners then filled with anger now appears to be somewhat overreacting .

Rare earth is not , but the metal element. Although called rare earths , is not rare. According to estimates , currently available global rare earth reserves of about 285 years . The reserves of existing resources is sustainable over 3400 years . In the eyes of Westerners only one problem : most of the rare earths are mined in China , which formed the Chinese monopoly on rare earths supply market , rare earth is called " China metal" may be more appropriate.

WTO ruling is actually the result of a large bureaucracy act , and this reality can not be changed. However, this may make the Western countries in the political own goal . If you continue to make a similar WTO ruling , the WTO 's trust in Beijing will decline. And this distrust exists among many emerging countries . India and the WTO dispute on the issue of agricultural subsidies , protective tariffs levied Brazil dissatisfaction on detained hat.

Like the rare earth issues, the people on the issue of international trade arbitration agencies also talk in the market principles of supply and demand . Due to these arbitration institutions ' demand ' to rise in emerging countries to establish rule out altogether the western countries ' own institutions . "

In several continents across the world , while the forthcoming FTA formation , but also generate some new institutions, such as banks deal with the World Bank, the BRIC countries and the emergence of the process of being built . These organizations have their own rules of the game , do not listen to the West.


Tungsten Manufacturer & Supplier: Chinatungsten Online - http://www.chinatungsten.com
Tel.: 86 592 5129696; Fax: 86 592 5129797
Email:  sales@chinatungsten.com
Tungsten & Molybdenum Information Bank: http://i.chinatungsten.com
Tungsten News & Tungsten Prices, 3G Version: http://3g.chinatungsten.com
Molybdenum News & Molybdenum Price: http://news.molybdenum.com.cn

• < Prev
• Next >