speaking of Boeing, and deep-state, and 737 max-anything, and and and
and what the Jetson intoned, that organs belong to Emperor Xi - do not know if the Jetson is correct, but undoubtedly rare earth peace belongs to core comrade xi
also, the Jetson intones that brand new 737 crashes are due to pilot error, which I suppose can be correct in that the pilots were not trained properly to fly defective planes. Am wondering if Boeing anything can fly without rare earth?
am also wondering whether any of the counter-caution in below article re efficacy and side effects of rare earth protocol even matters, whether as a pin--point acupuncture routine or as a systemic antibiotic course
especially this throwaway, <<Any restriction would reinforce the notion that China was a risky source of supply>> lol.
Let's ask the Germans and the Japanese, given that one chose to be a reliable customer of Huawei, and the other decided to boycott as well as embargo Huawei. Suspect the answers would be different, and reckon team China does care, thought about it, and adjudicated deliberation, soon to announce resulting decision.
The Jetson is correct that rare earth certainly seem plentiful, all neatly lined up in beautifully packed bags.
Observation: not.priced-in
ft.com
China’s state planner suggests using rare earths in US trade war
NDRC statement follows Xi Jinping visit to magnet plant last week
Xi Jinping reviews the JL MAG Rare-Earth Company in Ganzhou last week © Xinhua News Agency/eyevineChina’s powerful planning body has threatened to use rare earths exports as leverage in the trade war with the US, in a sign of increasing tensions between the two powers.
Rare earths, a group of 17 metals with a variety of high-tech applications, used in magnets, instrument displays and other strategic applications, are the one raw material where China dominates global supply. [TJ: BS. Not one but 17 efficacious strategic needs, and each can be used independently of the others depending on symptoms to be treated and patient immune system reactions]
A tightening in Chinese export quotas a decade ago brought the little-known minerals to the attention of the international security community as a potential strategic threat. [TJ: yelp, the world got the message that Japan is not allowed to capture team China fishing boat captain and plain to put him on trial ala state-sponsored kidnapping]
Relations between China and the US have deteriorated sharply since they failed to sign an anticipated trade deal in early May.
Last week, shortly after Donald Trump, US president, blacklisted the Chinese telecommunications firm Huawei, President Xi Jinping visited a rare earths magnets firm in Ganzhou, in southeastern Jiangxi province. The move has been interpreted as the prelude to retaliation.
If anyone wants to use products made from rare earth to curb the development of China, then the people of the revolutionary soviet base and the whole Chinese people will not be happy
NDRC bulletin
The National Development and Reform Commission, which oversees economic policy shifts, highlighted in a questions-and-answers bulletin yesterday the threat of an export cut-off.
“Will rare earths become China’s counter-weapon against the US’s unwarranted suppression? What I can tell you is that if anyone wants to use products made from rare earth to curb the development of China, then the people of the revolutionary soviet base and the whole Chinese people will not be happy,” the notice read.
However, the NDRC stopped short of declaring any specific policies. China currently exports very few rare earths directly to the US. Intermediate products containing rare earths metals go through a long production chain, mostly in China and Japan. Washington has identified the exports as a vulnerability and exempted the material from its tarriffs.
Rare earths capture the attention of security strategists but in practice would be difficult to wield as a weapon. China first imposed export quotas on rare earths more than a decade ago, but dropped the quotas in 2015 after losing a case at the World Trade Organization. [TJ: BS. The fishing boat captain got released, mission accomplished, and the rest is just Peking opera scripted as kabuki theatre, and weapon returned to armoury. WTO adjudication is irrelevant especially when national emergencies are tee-ed up. What is good for autos is better for rare earth]
It is not clear how it would regulate trade in intermediate or downstream products. The problem for China is that any new restrictions would cause damage to its recently developed industrial supply chains, which are dependent on foreign customers in the US, Europe and Japan. [TJ: BS. Whistling in the dark. What customers? there is a trade war going on and team China did not declare it]
Any restriction would reinforce the notion that China was a risky source of supply. [TJ: too hilarious. Tell it to the Capitol Hill]
Three state-owned mining firms have wrestled for control over the rich deposits around Ganzhou, in south-central China. Companies mining or processing rare earths in Ganzhou recorded RMB26bn in revenue in 2018, according to the NDRC. [TJ: the three players can easily halve the workload and 3X the revenue, and the market would continue to buy, as long as the 17 elements are priced high then low in some choreographed sequence to preclude effective feasibility studying to open new mines and processing plants]
Ganzhou stands at the edge of the Jinggangshan range, where the Chinese Communists formed a revolutionary base before retreating on the Long March in 1934-1935. Mr Xi’s visit to the area last week symbolised self-reliance and determination in the face of the trade war, in the spirit of the Long March. [TJ: rich irony, or rare earth, magnetic, or magnets, and almost epic, even poetic :0) ]
long gaming, but must whittle down treasury holdings |
