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China Defends Control of Rare Earth Exports as Move to Protect Environment - Bloomberg
China defended its controls on exports of rare earth after Japanese officials raised concerns about supplies of the raw materials used in the manufacture of products from cell phones to radar.

Restrictions on the rare earth industry will help protect the environment, the state-run Xinhua News Agency cited Chen Deming, China's commerce minister, as saying yesterday at a media briefing during China-Japan economic talks in Beijing.

China cut its export quotas for rare earth by 72 percent for the second half of this year, according to data from the Ministry of Commerce on July 8. Shipments will be capped at 7,976 metric tons, down from 28,417 tons for the same period a year ago.



"Ce qui vient au monde pour ne rien troubler ne mérite ni égards ni patience." René Char
by Melanchthon on Mon Aug 30th, 2010 at 01:03:17 PM EST
[ Parent ]
Dear China:

Kiss my ass.

Sincerely,


In the end, might makes right. Nothing has changed since the caveman.

by THE Twank (yatta blah blah @ blah.com) on Mon Aug 30th, 2010 at 09:38:32 PM EST
[ Parent ]
Actually, I think you got it the wrong way around

Dear world,

kiss my ass

yours sincerely

China

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Tue Aug 31st, 2010 at 07:35:45 AM EST
[ Parent ]

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