The WTO is used by all parties to screw each other over. The US and EU do it to each other frequently. China wanted to get in. They will do the same sort of thing, if not in retaliation for this, then on something else.
And let's not forget about the quarrel involving Airbus and Boeing.yup, that's right. america and the EU have been fighting over agricultural subsidies forever.
I think this case is way more outrageous than the agriculture and airplane cases. Unprecedented.
How can you blame someone refusing to sell? Why can they not change their tech so they won't depend on those rare elements?
can you blame a girl for not selling you sex?
:rofl::rofl::rofl:I think this case is way more outrageous than the agriculture and airplane cases. Unprecedented.
How can you blame someone refusing to sell? Why can they not change their tech so they won't depend on those rare elements?
can you blame a girl for not selling you sex? She might sell herself to others but she definitely has the choice to turn you down.
China shouldn't be so selfish. China is estimated to have about 90% of the world's rare earth reserves. Banning exports would wreck the already fragile economies of many nations around the world. Placing quotas and tariffs on materials used in everyday electronics will drastically increase the prices of consumer electronics around the world, denying many around the world the necessities of modern electronics.
China shouldn't be so selfish. China is estimated to have about 90% of the world's rare earth reserves. Banning exports would wreck the already fragile economies of many nations around the world. Placing quotas and tariffs on materials used in everyday electronics will drastically increase the prices of consumer electronics around the world, denying many around the world the necessities of modern electronics.
Where did you get your 90% from.? A Few months ago a forum member posted an article on this matter(Crobato?) but it showed China had a little over 50%, the kicker being , its ability to manipulate prices to such an extent, that it wasnt worth mining them in other counties.
so when is the US gonna stop banning China from acquiring their technology?