China Radio: Rare Earth Dispute at WTO
This Monday, I was on China Radio International (CRI)’s “Today” program, talking about the latest case brought to the WTO by the U.S., E.U., and Japan challenging China’s export restrictions on rare earth minerals. The discussion — with Xiang Songcuo, chief economist at the Agricultural Bank of China (AgBank) and Mike Bastin, a researcher at the University of Nottingham’s School of Contemporary Chinese Studies — made for a lively debate. You can listen to the program here or download it here.
For further background on the topic, you can check out my earlier posts on China’s 2010 cut-off of supplies to Japan and its immediate fall-out, as well as a similar WTO case that China recently lost and efforts to circumvent China’s near-monopoly. There’s also this research report by the U.S. Geological Survey (USGS) which provides some useful data on China’s estimated reserves as well as production, export, and policy trends. And here is a Wall Street Journal article on China’s efforts to build a strategic stockpile of rare earth minerals, one of the things I mentioned on the air.