Rare earths: China is firmly in the saddle, despite the Pentagon investing millions
Rare earths: China is firmly in the saddle, despite millions in investments by the Pentagon China is closely guarding its dominant position in rare earths and the production of permanent magnets, which are relevant for climate technologies and the military. An Asia expert warns that China is exerting influence on western industry, which hardly exists, through hidden ties. Mike Pompeo traveled […]
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An amazing turn
by Heidi Gmür, Sydney When China tightened its export restrictions for rare earths, prices exploded and western countries panic. Now Beijing is bowing to the verdict of the World Trade Organization and lifting it - and what happens? Nothing. The defense of Beijing looked original at best. After the USA entered the World Trade Organization (WTO) [...]
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