China's Rare Earth Supply Squeeze Impacts Global Trade ...Middle East

OILPRICE - Economy
Chinas Rare Earth Supply Squeeze Impacts Global Trade
China is proving to be a more difficult adversary in the trade war launched by the Trump administration than previously imagined as it squeezes the world's rare earth elements (REEs) supply. I warned in early March that China had critical non-tariff weapons to bring to bear and that using them might turn out to be very painful for a world dependent on China's rare earth metal production. China currently controls 69 percent of the REEs mine production and almost 90 percent of the processing of these elements. Why is this important? As I pointed…

Read More Details
Finally We wish PressBee provided you with enough information of ( China's Rare Earth Supply Squeeze Impacts Global Trade )

Also on site :



Latest News