Will China dare to STOP rare earth metal export to America?
https://youtu.be/N__mLYGcwd4
You can support us by being our Patron. In addition, you can suggest interesting topics to us
.On selected topics we will make special videos. Please click on below link to become our Patron.
कृपया हमारे संरक्षक (Patron) बनकर हमें सपोर्ट कीजिये. साथ ही आप हमें टॉपिक्स सजेस्ट कर सकते हैं. चुनिंदा टॉपिक्स पर हम स्पेशल वीडियो बनायेगे. Patron बनने के लिए इस लिंक पर क्लिक करें।
https://www.patreon.com/Realquickinfo
Please click on below link to join us on Facebook
इस लिंक पर क्लिक करके, आप हमसे फेसबुक पर जुड़ सकते हैं.
https://www.facebook.com/realquickinfo/
Please click on below link to join us on Twitter
इस लिंक पर क्लिक करके, आप हमसे ट्विटर पर जुड़ सकते हैं.
Note - The video was created in the Software and includes a link to https://www.movavi.com/
Reference -
http://www.globaltimes.cn/content/1152127.shtml
https://www.bbc.com/news/world-asia-48366074
https://en.wikipedia.org/wiki/Rare-earth_mineral
https://www.theverge.com/2019/5/23/18637071/rare-earth-china-production-america-demand-trade-war-tariffs
https://seekingalpha.com/article/4266734-beware-rare-earths-chinas-saber-rattling-can-deceptive
Hello Friends, welcome to Real Quick Info channel, Please subscribe our channel, like and share this video. Now you can also support us by becoming our patrons. Lets discuss our Real Quick Analysis.
for last two years, this trade war has been going on. but if you have noticed, while world over media is speaking in different voices, Chinese media is speaking in single voice.
Majority of American media thinks, America will lose in this trade war with China. but whole Chinese media believes that China will win the trade war eventually.
Today, Funded by Chinese king, Chinese media published articles threatening that China may ban export of rare earth metals to America.
Banning this export is being sold as Chinese king's Trump card against President Trump in this trade war.
Rare earth metals are very critically used in cell phones, electric vehicle motors, military jet engines, satellites and laser equipment etc.
In simple words, Rare earth metal have very prominent role in the high tech hardware used by all of us and by armed forces around the world.
Right now, China is producing 85% of rare earth metals in the world. Needless to say, any Chinese action to ban export to America will certainly affect American tech industry at least in the short term.
In fact, last year itself America has found that Rare earth metals imported from China are critical to american economy and national defense, and Identified the need to start reducing strategic dependence on China.
However, we must never forget, before China became the largest producer of rare earth metal, Once upon a time America used to dominate in the mining of rare earth minerals.
Then the question is, how come china became largest producer of rare earth metals, the answer is same, Thanks to low labor cost, its very cheap to mine these metals in china.
The point is, China is not alone in the world, where rare earth metals are found.
As china is now threatening to stop rare earth metal supply to America, it would be good to recall when last time China stopped export of rare earth metal to Japan back in the year 2010 due to dispute over islands of South China sea.
At that time also, China officially banned the export, but Chinese smugglers continued the export of rare earth metals off the books. Moreover, Japanese manufacturers were smart enough to find ways to use less of these metals.
Significantly, as soon as china stopped supply of export of rare earth metals, production in other parts of the world has started to fulfill Japanese demand.
The result was Chinese trump card proved joker against Japan in the year 2010. Chinese are foolish if they think in 9 years. their joker card magically transformed into Trump card.
Forget Jack Ma, Chinese king is biggest businessman of China. his extended family has significant ownership of Chinese rare earth metal production system.
Therefore if Chinese king dares to stop export of rare earth metal's export to America, He himself will have to pay the price.
Because Chinese business will be taken over by other countries, who can produce rare earth metals.
Moreover such Chinese decision will further create panic among business community, they will understand the mistake, they have committed by putting their all eggs in one Chinese basket.
Its quite possible, in the future, China may not win back the lost market of rare earth metals.
If China has learnt from the year 2010, it should not impose export ban on America.
Regardless China does it or not, America and rest of the world must move towards a system, where we dont get over dependent on one country for everything.
so far as India is concerned, China is our largest trading partner with longest disputed border in the world.
We cannot afford to let China dominate India in any case.
You remember, last time during doklam conflict, Chinese media used to issue daily threats to India.
But the end result was, mighty Chinese king could not make even an inch of road towards India in Doklam.
In the same way, we should not give much importance to what is being written in Global Times, which is nothing but Global Toilet Paper.
Our viewer R Prasad has asked us to create a video on this topic. we are thankful to him for suggesting the topic.
So far as rare earth metal export ban is concerned, Hopefully America will welcome china to do so.
Today's very easy question is, Right now which country is producing 80% of worlds rare earth metals?
Please answer today's question in comment box below.
A number of our viewers, have correctly answered the easy question, which was asked in our last video. Today's lucky winner is Jaga Kushwah .
Please find the reference links of this video in the description box below.
If you like this video, please share it and subscribe our channel and click on bell icon to view more such interesting videos. Thank You friends for watching this video
Tags
Chinese Rare earth metal export to America,China to stop rare earth metal export to America,China stopping rare earth metal export to America,america china latest news,latest news between america and china,China America latest news,Chinese rare earth metal export,rare earth metal export to America,India America latest news,india china latest news today,Modi latest news,study iq latest video,study iq latest,chinese rare earth export to America,china ban export
टिप्पणियाँ
एक टिप्पणी भेजें