LONDON (Reuters) – Is China about to weaponise its global dominance of rare earths production in an escalation of the trade dispute with the United States? President Xi Jinping’s visit to the Chinese city of Ganzhou earlier this week seemed designed to send a double message.
A stop-off at Yudu was for the domestic audience. The town was the starting point of the Long March, the 1934 retreat by Communist Party forces in their ultimately successful campaign against Chinese nationalists.
The message: things are going to get tough but we’ll win in the end. A side-trip to a rare earths plant operated by JL MAG Rare-Earth Co, was for the United States. Continue Reading →