| Description |
1 online resource (approximately 19 pages) |
| Summary |
Eugene Gholz analyzes the economic and security consequences of China's central position in the global rare-earths market. He discusses the evolution of the rare-earths market, which is critical to many defense, energy, and other high-tech products, and potential vulnerabilities posed to global trade resulting from China's near-monopoly of the industry. Gholz explains why the alleged 2010 Chinese embargo of the market, which highlighted the prominence of rare earths, did not exact a greater cost on countries with rare-earth dependent supply chains, such as Japan and the United States, citing supply growth opportunities and administrative difficulties, as well as real-time adjustments in the global market. Gholz also examines the evolution of Chinese influence since 2010, particularly in light of capital investment and technological advances that have made non-Chinese producers more competitive. Based on his analysis, Gholz provides lessons to policymakers facing future raw materials threats, arguing that dependence on imported rare-earth products brings less national security risk than many have feared |
| Notes |
At head of title: Energy report |
|
October 2014 |
| Bibliography |
Includes bibliographical references (pages 16-18) |
| Notes |
This report is made possible through the generous support of the Alfred P. Sloan Foundation |
|
Online resource; title from PDF cover page (CFR, viewed October 23, 2014) |
| Subject |
Rare earths -- Strategic aspects
|
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Rare earth industry -- China
|
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Security, International.
|
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Rare earth industry
|
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Security, International
|
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China
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| Form |
Electronic book
|
| Author |
Council on Foreign Relations, publisher.
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