{"id":46466,"date":"2019-05-29T07:09:02","date_gmt":"2019-05-29T12:09:02","guid":{"rendered":"https:\/\/olduvai.ca\/?p=46466"},"modified":"2019-05-29T07:09:09","modified_gmt":"2019-05-29T12:09:09","slug":"beijing-threatens-damaging-rare-earth-export-ban-as-trade-fight-intensifies","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=46466","title":{"rendered":"Beijing Threatens Damaging Rare-Earth Export Ban As Trade Fight Intensifies"},"content":{"rendered":"\n

Beijing Threatens Damaging Rare-Earth Export Ban As Trade Fight Intensifies<\/a><\/h3>\n\n\n\n

Once dismissed as a “nuclear option”<\/a> that would only be invoked by Beijing as a last resort in the burgeoning trade war with the US, it’s looking increasingly likely that the Communist Party might impose an export ban on rare-earth metals, creating serious supply-chain issues for American producers of everything from microchips, to batteries, to night-vision goggles.<\/p>\n\n\n\n

\"Xi\"\/<\/figure>\n\n\n\n

After Global Times editor and Trump Twitter foil Hu Xijin<\/a> warned on Tuesday that a ban was being ‘seriously considered’ (which followed a visit by President Xi<\/a> and Vice Premier Liu He to a rare-earth mine that was widely seen as a threatening gesture), China’s powerful state-planning body threatened to use rare earths as “China’s counter-weapon against the US’s unwarranted suppression”…while a host of state-controlled media organizations used rare threatening language intended to convey that Beijing isn’t playing around.<\/p>\n\n\n\n

As BBG<\/a> explained, an editorial published in the People’s Daily on Wednesday used the phrase “don’t say I didn’t warn you”, which is loaded with historical significance. That specific wording was used by the paper in the early 1960s before China fought a brief war with India; it was also used before conflict broke out between China and Vietnam.<\/p>\n\n\n\n

The newspaper\u2019s commentary included a rare Chinese phrase that means “don\u2019t say I didn\u2019t warn you.”<\/strong>The specific wording was used by the paper in 1962 before China went to war with India, and \u201cthose familiar with Chinese diplomatic language know the weight of this phrase,\u201d the Global Times, a newspaper affiliated with the Communist Party, said in an article last April. It was also used before conflict broke out between China and Vietnam in 1979.<\/p>

On rare earths specifically, the People\u2019s Daily said it isn\u2019t hard to answer the question whether China will use the elements as retaliation in the trade war.<\/p><\/blockquote>\n\n\n\n

 \u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

Beijing Threatens Damaging Rare-Earth Export Ban As Trade Fight Intensifies Once dismissed as a “nuclear option” that would only be invoked by Beijing as a last resort in the burgeoning trade war with the US, it’s looking increasingly likely that the Communist Party might impose an export ban on rare-earth metals, creating serious supply-chain issues for American […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,4,5],"tags":[130,6390,20113,25989,805,4318],"class_list":["post-46466","post","type-post","status-publish","format-standard","hentry","category-economics","category-environment","category-geopolitics","tag-china","tag-global-times","tag-rare-earth-minerals","tag-rare-earth-mineral-export-ban","tag-trade","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/46466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46466"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/46466\/revisions"}],"predecessor-version":[{"id":46467,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/46466\/revisions\/46467"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}