[TigerLikesRooster]

Ping!

[snowsislander]

Politicians around the world like to raise taxes; with the production cost advantage that Red China has, this export tax will probably not have much effect on their sales but I think it will add to the PRC’s coffers.

[traviskicks]

I guess China hasn’t heard of the Ehlrich/Simon debates...:

http://www.overpopulation.com/faq/People/julian_simon.html

:)

[live+let_live]

China doesn’t want to ‘un-peg’ its currency from the dollar.

But the dollar has fallen so far in relation to others in the world that China is facing a dilemma.

[Moonman62]

China supplies more than 70 percent of tungsten, but new figures show China only accounts for 35.5 percent of the world's basic reserves, dropping from 45 percent years ago.

An unintended consequence of pegging their currency too low.

[Overtaxed]

Can’t we just extract those metals from China’s food exports? /s

[kittycatonline.com]

China will raise export taxes on a range of rare metal products, including tungsten, rare earth, and molybdenum, from June 1, in a bid to protect resources from running out

Funny, there doesn't seem to be any slowdown on the volume of manufactured stuff flowing out from China. I'm sure if you wanted to buy a million tungsten-filament light bulbs, you'd get them. Need a million hard-drive mechanisms using rare-earth magnets? Done! Molybdenum? Well, you must be using it to build something, right? We'll build it for you. Then you can have your moly-whatever.

[jrushing]

the world's largest rare-earth reserve, will disappear in 30 years

I hope there's something left, I kinda liked them. I just wanna Celebrate!