Monday May 28, 2012

JAPAN NEWS AND DISCUSSION

China reportedly to reduce rare earths exports

World Oct. 19, 2010 - 06:50AM JST ( 5 )

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5 Comments

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namabiru4meOct. 19, 2010 - 02:33PM JST

So, China doesn't export to Japan, and will reduce to the rest of the world, which will drive up prices.

Japan will recycle it's limited supply, which will drive up prices.

Japan will no longer be able to manufacture hi-tech due to pricing, thus export those jobs.

Japan is also moving overseas for automotive and many other types of manufacturing.

Manufacturing in Japan is certainly being strangled to a slow death. In addition, because of poor language skills, Japan will not even be able to represent its vast technical and manufacturing knowledge, selling it as a service.

When that happens, Japanese can hope the yen is still strong so importation of all the goods they cannot manufacture.
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american_bengoshiOct. 19, 2010 - 03:08PM JST

The Japanese govt. should do more to discourage companies from exporting the jobs. However, if companies are going to move their manufacturing bases overseas, relocate to Vietnam, Cambodia and Laos and avoid China like the plague.
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The758Oct. 19, 2010 - 05:32PM JST

Chinese government spokespeople have denied there is an official ban on shipments to Japan.

Yes, and we all believe them.
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SargeOct. 19, 2010 - 10:45PM JST

The less they sell, the less money they make.
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smithinjapanOct. 20, 2010 - 04:21PM JST

sarge: "The less they sell, the less money they make."

Not really... you see, if they normally sell ten chocolate bars to kids that want them at $1 a bar, and then decide they're only going to sell 7 or so, but at $3, you're going to watch those 10 kids fight over who gets the bars, and you can bet they'll fork out the money for them. China makes a private by driving up prices as the countries that rely on the minerals fight for them (in the short run, anyway), and China still conserves a bunch in order to drop the prices again and resume exports if another source is found.

Not too hard, sarge.