October 20, 2010U.S. Probes China Rare Earth Policy
U.S. trade officials say they are looking into a New York Times report that China is blocking shipments of rare earths (BBC) to the United States and Europe. China said media reports about its plan to reduce quotas for rare earth exports (Xinhua) by 30 percent in 2011 are "false" and "groundless."
China: China's surprise interest-rate increase (WSJ)--just days before its release of third-quarter growth data--may accelerate capital controls in export-dependent Asian economies.
Despite global tensions over China's currency and trade policies, U.S. businesses stand to benefit from China's waning labor surplus and its growing consumer affluence, says Princeton University's JC de Swaan.related articles ~
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