Yellen says trade deal with China has “hurt American consumers”

[Han Patriot]

WHatever, u guys still have to sell rare earth till the last ton to VN like another third world nation selling raw materials to factories (Samsung, Pegatron, Luxshare) in VN

No one care how much u sell to your West master or your daddy Jap. CN still sell rare earth till the last ton to VN like another third world nation. Useless peasant like u have No right to decide abt rare earth sale anyway

The reason China is the center of rare earth production is not just because of mining, its because of the processing technology and facilities too. Alot of countries have rare earth and all mining activity will cause some form of pollution even in Australia. China uses rare earth to create a giant industrial base from renewables to automotive, we create the key components, and sell it to low wage earners like Viets to assemble it for 20 cents an hour. We don't just sell rare materials and labor like Viets, we own the technology.

 

[Viva_Viet]

The reason China is the center of rare earth production is not just because of mining, its because of the processing technology and facilities too. Alot of countries have rare earth and all mining activity will cause some form of pollution even in Australia. China uses rare earth to create a giant industrial base from renewables to automotive, we create the key components, and sell it to low wage earners like Viets to assemble it for 20 cents an hour. We don't just sell rare materials and labor like Viets, we own the technology.

CN can do Nothing without help from your West master or your daddy Jap like in 1979. Just look at the charts and see how pathetic u are when Trump-Biden slap 25% tariff on CNese products.

What happen when US slap 100% tariff to all Cnese products ?? the only way can keep CN survive is to sell rare earth till the last ton to VN like another third world nations .

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Imports of non-tariffed items from China have begun to pick up in recent months, after a global downturn in trade triggered by the Covid-19 pandemic. Even so, imports from China overall were at $472 billion for the 12 months ended March 31, compared to a peak of $539 billion in 2018.


“The trade war has had a more enduring negative impact [on Chinese imports] than the pandemic,” said Adam Slater, the lead economist for Oxford Economics. “The effects of the pandemic are starting to wear off, but the longer-term impact of the trade war remains.”

WSJ News Exclusive | U.S. Tariffs Drive Drop in Chinese Imports

U.S. tariffs have led to a sharp decline in imports from China and significant changes in the types of goods Americans buy from China, new data show, with purchases of furniture, telecommunications gear, apparel and other goods shifting to other countries.

www.wsj.com