China currently controls about 97 percent of rare earth production, and has the only facilities capable of processing rare earth minerals after they have been mined.
So China is "subsidizing its CLEAN energy industries". They are promoting the use of clean energy and even subsidizing companies who use clean energy, and of course the US has to make some big f'n stink about it. Of f'n course!
I hope they cut off the supply of rare earth minerals for good and keep it all for themselves.
martin14
CKA Uber
Posts: 33691
Posted: Wed Oct 20, 2010 6:50 am
The Chinese have forgotten history rather quickly.
Japanese invasions of Manchuria were land grabs for resources,
and remember what happened when the US stopped exports of oil and steel, way back when ?
So which port can we bomb first ?
Last edited by martin14 on Wed Oct 20, 2010 12:19 pm, edited 1 time in total.
KorbenDeck
Forum Elite
Posts: 1681
Posted: Wed Oct 20, 2010 12:07 pm
Yes, start the trade war already damnit!
BartSimpson
CKA Moderator
Posts: 65472
Posted: Wed Oct 20, 2010 12:44 pm
The Chinese don't understand America. This kind of thing may work with the Japanese but with the USA right now this is going to be a cause for the current Congress to start a trade war to get themselves re-elected. The Democrats needed something to pull their bacon out of the fire and if they play it right, this is it.