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Since China announced it was reducing exports of rare earth,there have been continuous voices in the international community demanding China expand exports or seek alternative resources. The United States has also complained to the WTO that China is hoarding the commodity. Subjected to scathing censure,what difficulties are facing China’s rare earth industry? When other countries seek alternative resources,how is the Chinese rare earth market affected? Economy&Nation Weekly,Xinhua News Agency’s finance magazine,recently interviewed Lin Donglu,Secretary General of the Chinese Society of Rare Earths,and Wang Hongqian, General Manager of China Non-Ferrous Metal Industry’s Foreign Engineering and Construction Co.Ltd.Edited excerpts follow
Since China has announced it was reducing exports of rare earth,there have been continuous voices in the international community demanding China expand exports or seek alternative resources. The United States has also complained to the WTO that China is hoarding the commodity. Subjected to scathing censure, What difficulties are facing China’s rare earth industry? When other countries seek alternative resources, how is the Chinese rare earth market affected? Economy&Nation Weekly,Xinhua News Agency’s finance magazine, recently interviewed Lin Donglu,Secretary General of the Chinese Society of Rare Earths,and Wang Hongqian, General Manager of China Non-Ferrous Metal Industry’s Foreign Engineering and Construction Co.Ltd.Edited excerpts follow