Quote:
Originally Posted by thommy
ah i forgot to answer this one:
90% of the world production of industry metals are from china.
97% of the so called "rare earth elements" or "strategic metals" what are need especially in the high tech industry like mobilephones, computer, hybrid cars, wind tourbines etc. are from china.
china gave up the monopol for it in 2015 following an arbitration of the world trade organization and exports them to the whole world (btw. this abritration was caused by complaint of the USA)
Here is a list of this rare earth elements including where they can be found.
i donīt know how big is the % factor in "imports from china" is on that but i think it is quite funny that a country declares a trade war against another one who have what they need.
itīs your turn now to explain me how US technology want to survive by donīt import from china. voodoo ? or maybe buy it from south america where is 1% of this ressources?
or let the europeans made some win to buy it first from china and then put something on top and sell it to USA ?
what is your and donalds plan on that ?
greetings
thommy
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"
China has a large and varied stock of natural resources, including many minerals. The country has about 12 percent of the world's mineral resources, with only the United States and Russia possessing larger proportions. There are sizeable reserves of coal, iron, tin, copper, lead, zinc, molybdenum, tungsten, mercury, graphite, antimony, magnesite, fluorspar, and other minerals."
"
China?s natural resources include its vast farmland, water supply, mineral deposits, and plant and animal biodiversity. The country is rich with natural resources and utilizes them for tourism and exporting."
So they can sell those resources to the West.
I really have no idea why you're in favour of the Third World producing goods the First World use to export and increasingly making most people in the First World poorer.