China halts 'rare earth' mineral shipments to Japan: NYT
- Thread starter ASusilovic
- Start date
I know it can be difficult with Americas short attention span culture, but let's try to think long term,( 50 yrs down the road) like the Chinese do. China does not want to do anything to upset it's exports to US and Europe. The Chinese consumers can't absorb all of China's production, yet, so they need other markets to demand their goods.
China is going through some difficult growing pains. So, an occasional incident with the Chinese people's favorite, most reliable bad guy, Japan, is good to shift the population's eyes away from growing internal problems. As Japan is a big market for Chinese products also, I expect this to die down and de-escalate once Japan has held the Captain long enough to save face, and not be seen as backing down to China. They will probably release him near the end of the month.
China is going through some difficult growing pains. So, an occasional incident with the Chinese people's favorite, most reliable bad guy, Japan, is good to shift the population's eyes away from growing internal problems. As Japan is a big market for Chinese products also, I expect this to die down and de-escalate once Japan has held the Captain long enough to save face, and not be seen as backing down to China. They will probably release him near the end of the month.
There is a shit load of things that come from china. Things like chips and other things required for our defense and of course the critical rare earths that we stopped producing.
Some known issues in Indian society
Zero social mobility
http://en.wikipedia.org/wiki/Social_mobility
One of the most corruption nation in the world
http://en.wikipedia.org/wiki/Corruption_in_India
836 million people live on 20 rupees a day
http://en.wikipedia.org/wiki/Poverty_in_India
Pakistan is a better nation to do business than India & China
http://www.doingbusiness.org/economyrankings/
Indians among most corrupt while doing business abroad
http://business.rediff.com/report/2...-most-corrupt-while-doing-business-abroad.htm
Easy, a lot of stuff we buy we don't need.
I don't need another pair of pants, another shirt, another iPhone, another flatscreen TV another MacBook Pro another car... for at least a few more years.
"Chinese customs data show that the United States bought only 3.8 percent of China’s exports of rare-earth metals last year, far less than Japan, and also less than India, Italy or Spain."
"The dilemma for Beijing lies in whether to jeopardize its central role in global supply chains by halting exports of crucial components to the West. Trade hawks in the Trump administration have been quietly expressing hope that China will do just that. They see such an interruption as the best way to persuade global companies to shift manufacturing permanently out of China to the United States or to American allies, a long-term goal known as decoupling in trade circles."
China’s Supply of Minerals for iPhones and Missiles Could Be a Risky Trade Weapon
https://www.nytimes.com/2019/05/23/...=RelatedCoverage&pgtype=Article®ion=Footer
"The dilemma for Beijing lies in whether to jeopardize its central role in global supply chains by halting exports of crucial components to the West. Trade hawks in the Trump administration have been quietly expressing hope that China will do just that. They see such an interruption as the best way to persuade global companies to shift manufacturing permanently out of China to the United States or to American allies, a long-term goal known as decoupling in trade circles."
China’s Supply of Minerals for iPhones and Missiles Could Be a Risky Trade Weapon
https://www.nytimes.com/2019/05/23/...=RelatedCoverage&pgtype=Article®ion=Footer
Because the US hardly manufactures anything these days. If you don't manufacture, you don't need to import rare earth base materials.
Also, the US has something called the strategic reserves:
https://en.wikipedia.org/wiki/Defense_National_Stockpile_Center