American Elements chief Michael Silver last week explained on CNBC that one way China could weaponize rare earths against U.S would be to charge lower price within China than they price they are charging outside of China.. ..…
To accuse China of in this is wrong -- plenty of American companies have reaped the benefits of manufacturing China or exporting goods there, noted Sachs, adding that U.S consumers enjoy higher living standards as result of China's low-cost increasingly high-quality products... ..…
The commentary piece published on state news agency Xinhua took particular issue with American demands China scale down its support for its state-owned enterprises. ..…
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