Monday, August 30, 2010

Backlash over China curb on metal exports

Draconian describes one perspective. Strategic position or reposition describes another. It's difficult to establish leverage in trade negotiations when huge structural deficits places hat during the Treasury auctions to the same nations setting the ‘unfavorable’ rules.

China's draconian export curbs on rare earth minerals needed by the rest of the world for frontier technologies is escalating into a serious diplomatic and trade clash with the United States and other leading powers.

Source: telegraph.co.uk

Thanks Bob

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