2019-06-13 10:26:00 Thu ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
The Chinese Xi administration may choose to leverage its state dominance of rare-earth elements to better balance the current Sino-U.S. trade war. In recent times, President Xi visits a Jiangxi hardware factory that spins rare earth elements into permanent magnets in iPhones, electric cars, wind turbines, and military missiles. China monopolizes 80% of the strenuous extraction of 17 vital rare-earth elements for ubiquitous applications from consumer electronic technology to military defense. Although the raw ores are as common as copper and lead, rare-earth ores oxidize quickly and their extraction can cause severe pollution. With its low labor costs and lax environmental regulations, China has become the dominant force in the rare-earth market since the 1980s. With almost half of global rare-earth deposits, China produces 120,000 metric tons of rare-earth per annum, or about 80% of the global supply. Australia is the second largest supplier of only 20,000 metric tons of rare-earth per year.
The Chinese Xi administration has a strategic incentive to reduce the quota of rare-earth elements for better environmental protection. The next quota reset is due in June 2019, and this reset can indicate whether China intends to leverage its rare-earth quasi-monopoly to counteract the Trump tariff tactic.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2026-07-01 11:29:00 Wednesday ET
In recent years, higher American economic growth has been impressive both by historical standards and in comparison to the rest of the world. American excep
2019-04-09 11:29:00 Tuesday ET
The U.S. Treasury yield curve inverts for the first time since the Global Financial Crisis. The key term spread between the 10-year and 3-month U.S. Treasur
2018-11-01 08:36:00 Thursday ET
Ford and Baidu team up to test autonomous cars in China. For the next few years, Ford and Baidu plan to collaborate on the car design and user acceptance te
2019-12-30 11:28:00 Monday ET
AYA Analytica finbuzz podcast channel on YouTube December 2019 In this podcast, we discuss several topical issues as of December 2019: (1) The Trump adm
2017-02-13 09:35:00 Monday ET
JPMorgan Chase CEO Jamie Dimon says President Trump has now awaken the *animal spirits* in the U.S. stock market. The key phrase, animal spirits, is the
2022-02-15 14:41:00 Tuesday ET
Modern themes and insights in behavioral finance Lee, C.M., Shleifer, A., and Thaler, R.H. (1990). Anomalies: closed-end mutual funds. Journal