Benjamen Walker's Theory of Everything cover image

The Clouds (part 2 of 3)

Benjamen Walker's Theory of Everything

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China's Export Caps and Quotas - The Only Real Challenges to China Exports

In 2011, amount of rare earth illegally mined and smuggled out of the country exceeded China's official export figures. Chinese now calculate those major trading partners as imports from China; they think there is a lot of illegal export. Last year, the Chinese government cracked down on the illegal mines. In fact, this might be the reason why prices have come down.

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