These shortage occupations are blue collar occupations. Those Chinese who are unemployed are unlikely to accept these occupations, and they usually have at least a bachelor's degree.
What is missing in China is high paying jobs.
If I understand you correctly, you mean: to avoid consuming electricity and water, you are going to extract gallium from bauxite only, and then abandon the main product, aluminum?
Do you know how high the production cost of this gallium will be?
1, Gallium is a by-product of the electrolytic aluminum industry.
2, The aluminum electrolysis industry requires large amounts of electricity and water. The amount of electricity needed by this industry affects the development and demand of other industries. In 1990s, China strictly banned the...
The article in the link you posted says that Russian made phones capture less than 0.5% of the market.
The only ones that can capture 30% of the market are Samsung and Apple.
First of all, we need to understand that rare earth is divided into two kinds, one is light rare earth, the other is heavy rare earth.
Light rare earth has seven elements, the main component is cerium. Light rare earths are widely distributed, with large reserves in China, Mongolia, Brazil...
I'm telling you, gallium is a by-product of electrolytic aluminum plants.
It takes 10 to 20 years to build an electrolytic aluminum plant, and electrolytic aluminum plants require a lot of electricity.
First of all, Western countries don't have that much time to rebuild electrolytic aluminum...
Firstly most of the bauxite mines in African countries are controlled and operated by Chinese companies.
Secondly the electrolytic aluminum plant is in China.
Thirdly 80% of the US gallium imports come from China and 20% from Russia.
First of all, that's bauxite production, not gallium.
Secondly, most of the world's bauxite mines are controlled and operated by Chinese companies.
Third, 2014 is nine years away.
BTW: If the USA wants to solve this problem, first it needs to obtain enough bauxite with gallium ore...
Gallium ore is an associated ore of bauxite, and gallium is a by-product of aluminum electrolysis.
70+% of gallium reserves are in China, and the global bauxite ore is largely in the hands of Chinese companies.
It takes 10 to 20 years to build an electrolytic aluminum plant. What's worse is...
It's not that complicated.
If it adopts Vietnam's map of the South China Sea, then the country that will banned it will be China.
It's really a matter of market choice.
Gallium is a semiconductor raw material, which is also a necessary raw material for all electronic components.
The global production of gallium is 376.6 tons, of which China produces 356.6 tons.
The good news is that one country is able to produce 13 tons of gallium.
The bad news is that...
The Chinese CNY can be pegged to the dollar because China has enough foreign exchange reserves to acquire all the renminbi that is being sold off at low prices.
You can't peg a currency just because "you want to".
At current interest rates, even if the U.S. debt did not continue to increase, the U.S. govt would pay $1.7 trillion per year in interest alone.
How long can the U.S. hold on to this interest rate?