Thursday, December 23, 2010
G20 United States and Japan trade war marked joint press China Rare Earth.
<P> RMB issue has not gone away, the United States began to find a new excuse to launch an attack on China. .Beijing October 27, the White House said President Obama may summit in the Group of Twenty (G20) raised the issue of Chinese rare earth export quota. .Media reported that the issue of free trade summit in Seoul will become one of the focal topic. .</ P> <P> warm-up session at the weekend, although the exchange rate of G20 members are committed not to fight war, the International Monetary Fund (IMF) reform has progressed smoothly, but the trade issue may be put on the November 10 -11 .at the Seoul conference table at the G20. .Recently, the United States and Japan began to exert pressure on China to win over European countries, demanding the release of rare earth free trade, said German Economy Minister Bruderle, will join the "pressure" list. .</ P> <P> agreement is most likely to: G20 can not let disappear. .October 27, Yonhap reported that the Seoul summit, the countries will perpetuate the G20 mechanism and the establishment of a permanent office for the program to discuss issues, is expected to convene the summit in France next year will be approved. .G20 not currently have offices, some people worry that as the crisis disappeared, G20 will eventually be closed, focus on the future of the global economy and stable development of mechanisms to make the summit. .2011 and 2012, respectively, held by the G20 summit in France and Mexico. .</ P> <P> Germany's excuse is that the production of rare earth is an important material for lithium battery electric vehicles, there is no earth, electric cars can not run, try to not carry out energy saving of the "charges" imposed on China. .However, whether the United States, Japan or Germany, they like evasive, did not mention China's rare earth mining forestry, water resources and human health hazards caused by pollution, but strong to the earth put on the "free trade" label. .Bloomberg reported that the United States and Japan will take on the earth make things difficult trade issues in China in the G20, some developed European countries is expected to also have to follow suit. .</ P> <P> trade war has broke out, whether the reproduction of the exchange rate war waves, but also the Fed's interest-rate in the early November meeting of the initiatives. .Some experts believe that if the issue of Sino-US trade war reached a consensus to continue the quantitative easing pressure on the Federal Reserve will ease the dollar stable, exchange rate war problems will be solved, but the U.S. insists on other countries to draw a variety of methods used to force China .is not conducive to solving international economic recovery. .In addition, the establishment of a fair system of global financial regulatory issues, there are still large differences between the parties, G20 Road remains thorny. .</ P>.
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