Russian Media: China Once Again Demonstrate To The Wto Who The Head Is
China has once again indicated who the head is to the WTO, the Komsomolskaya Pravda wrote. Japan, the United States and the European Union were angry at China because it fails to export to them rare earth metals which are used in the production of electronic products in the quantities they need and they have initiated suits on the matter to the World Trade Organization.
These countries also asked China to reduce the prices of these raw materials. Discontent from these countries is also attributable to the fact that China has allocated a large share of these rare earth metals to itself to develop its own processing industries. But China has successfully proved the correctness of its own initiative. The Beijing government claims that rare earth metals are non-renewable resources, and China has the right to restrict mining of these resources. And haphazard mining will also cause environmental pollution.
United States claims more than once that it is a mistake that the WTO has made to accept China: in many cases, the Chinese successfully won (including charges against the theft of technology), and it has benefited from the WTO only without being damaged to the least. If you believe that Americans complaints, then it seems not to be China's accession to the WTO, but the WTOs accession to China, the Komsomolskaya Pravda said ironically.
On June 20, the State Council information office in China held a conference. The Ministry of the official release of rare earth in China and policy white paper (hereinafter referred to as the white paper), Vice Minister of Ministry of Su Bo described the current status of development of rare earth industry in China, and responds to Europe, America and Japans proposal about China's rare earth export limit submission of Terminal settlement mechanism of the WTO, as well as rare earth hot issues of environmental governance in China.
In the case of high prices, some people say that China tends to raise the prices of the rare earth metals in the name of pollution prevention. In this regard, Su Bo says that he disagrees to this opinion.
These countries also asked China to reduce the prices of these raw materials. Discontent from these countries is also attributable to the fact that China has allocated a large share of these rare earth metals to itself to develop its own processing industries. But China has successfully proved the correctness of its own initiative. The Beijing government claims that rare earth metals are non-renewable resources, and China has the right to restrict mining of these resources. And haphazard mining will also cause environmental pollution.
United States claims more than once that it is a mistake that the WTO has made to accept China: in many cases, the Chinese successfully won (including charges against the theft of technology), and it has benefited from the WTO only without being damaged to the least. If you believe that Americans complaints, then it seems not to be China's accession to the WTO, but the WTOs accession to China, the Komsomolskaya Pravda said ironically.
On June 20, the State Council information office in China held a conference. The Ministry of the official release of rare earth in China and policy white paper (hereinafter referred to as the white paper), Vice Minister of Ministry of Su Bo described the current status of development of rare earth industry in China, and responds to Europe, America and Japans proposal about China's rare earth export limit submission of Terminal settlement mechanism of the WTO, as well as rare earth hot issues of environmental governance in China.
In the case of high prices, some people say that China tends to raise the prices of the rare earth metals in the name of pollution prevention. In this regard, Su Bo says that he disagrees to this opinion.
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