March 23, 2012

The China-U.S. Rare Earth Games

Peter Lee, Asia Times

AP Photo

The joint United States, Japanese and European Union complaint at the World Trade Organization over Beijing's "monopoly" on rare earths is political theater, creating fear that China will one day unscrupulously withhold elements critical for defense technologies, hybrid cars and smartphones. Washington neglected mention of the abundance of "rare" earths - and that China will likely become a net importer by 2015.

Read Full Article ››

TAGGED: United States, Washington, China, Beijing, European Union, World Trade Organization, defense technologies, smartphones

RECOMMENDED ARTICLES

March 22, 2012
America's Shrinking Global Power
Alistair Burnett, Yale Global
Media coverage of President Barack Obama's high-profile visit to Australia and plan to boost US presence in Asia may mask America's shrinking global footprint. The combination of concern over China and the US debt crisis could... more ››
March 15, 2012
Trading Jobs for Overseas Bases
Clyde Prestowitz, Harvard Business Review
President Obama's recent appointment of an Interagency Trade Enforcement Committee to stop unfair trade and ensure a "level playing field" for U.S. industry and workers made me smile. In the mid-1980s, I was appointed director of... more ››
When Catherine Margaret Ashton, also known as Baroness Ashton of Upholland, became Europe's top diplomat two years ago, even her husband Peter Kellner expressed skepticism. Upon her appointment, the British people "weren't... more ››
The controversial deals make the EU the world's biggest exporter of weapons to the country. more ››
March 20, 2012
One Flew Over the EU's Mess
Hugo Brady, Wall Street Journal
Welcome to the European Union Home for the Economically Insane. We care for nations dealing with status anxiety, paranoia and low self-esteem, or those who are simply drifting into a senile old age. Please follow me on the... more ››