"WTO members are not no earth, only the high cost of mining, they now accuse China was simply trying to buy low heavy rare earth in China."
Really rare on the West to the World Trade Organization (WTO) complaint Chinese export of raw materials "blacklist." Yesterday, the media quoted Chinese Vice President of Engineering, chairman of Chinese Society of Rare Gan Yong as saying, "The United States and Mexico submitted a memorandum to the WTO, alleging the existence of trade protectionism, Chinese rare-earth policy, in violation of the principle of fair trade. "
"They (the United States and Mexico) that the supply of rare earth, China's foreign control, the Chinese release." Gan Yong said in an interview, "but China does have full control of exports of rare earth reasons, in line with WTO principles. At the same time, we do not separate control of foreign exports, China, we also control the volume, the price is equal. "
United States and Mexico would not really surprising, because as early as this July 5 to determine the China WTO bauxite, coke and other 9 kinds of raw materials after the breach, including the United States, European Union countries, including many leaked to China's rare earth" hands-on "and plans complaint to the WTO China's rare earth export" the same violation. "According to media reports, Japan and Europe have reached a consensus early, accusing China's rare earth strategy is downright" resource weaponization. "
"China is not the world's only country with rare earth, but in the past few decades assumed the role of rare earth supply most of the world, the result is the destruction of their natural environment to pay and the cost of consuming its own resources." Yesterday, SW a Analysts told the "International Finance News" reporter "Western countries accuse without reason."
"If the WTO members dissatisfiedThat we negotiate with the price control. "Previously received a great financial columnist," International Finance, "interview that," WTO members are not no earth, only the high cost of mining, they are now accusing China, is simply to buy at low prices heavy rare earth in China, but China is a rich mine though the country, but unable to withstand the world's low-cost predatory, so to some extent to strengthen state control rights, in fact, is a necessary strategic considerations."
It is noteworthy that China is actually already in the country with operations in response to Western accusations: China is not to restrict the export of rare earth in mid-July release of rare earth quota program, 2011, China's total export quota of rare earth 3.0184 Wan tons, 3.0259 million tons in 2010 full year data only reduced by 75 tons.
For future direction, Yong Gan said, "China's rare-earth policy there is no U.S., Mexico allegations of trade protectionism, therefore, China is actively respond to the potential litigation risk." Reporter has learned that China's rare earth resources management also has the WTO legal basis. It is reported that, GATT1994 Article 20 (g) of the terms and Appellate Body in the "American Turtle case" to demonstrate the concept of justice for the Chinese government's move to provide a basis for WTO rules and jurisprudence. "
In fact, now even the local Chinese business and industry are to bear the pain of high prices of rare earth data show that the current price of neodymium oxide about 148 yuan/ton, up 628.4 percent annual increase. "Rare-earth prices has resulted in the enterprise underestimated the impact, we are actively looking for alternative products. "a downstream business, told reporters this regard, Wikipedia information analyst Yan Ping said that despite the recent slight decline in the price of rare earth, but more of a profit-taking "rare-earth prices is still the trend, but the increase may not have such a rapid early this year, while for downstream use of rare earth industry,Cost pressure on the immeasurable."
This articlefrom:China Trade Information (http://en.zgxu.com),detailed reference to the above website.