Us, Japan and Europe to put pressure on China rare earth trade war on G20 negotiations

RMB problem has not gone away, the United States began looking for a new excuse to proclaim China. Åœ — äº¬æ — October 27, the White House said that President Barack Obama may be in the g-20 Summit (G20) on China rare earth export quotas. Media reports that free trade would become the focus of the Seoul Summit is one of the topics.

Us, Japan and Europe to put pressure on China rare earth

In last weekend's warm-up session, although the G20 members undertake not to make the exchange rate, International Monetary Fund (IMF) also smoothly, but trade issues likely to be put on November 10-11 November in Korea Seoul G20 conference table. Yesterday, the United States and Japan began to win over European countries to put pressure on China, the Chinese release of rare free trade, Germany economy Minister brude Le said, will join the ranks of the "pressure".

Most agreements are: the G20 must not be allowed to disappear. October 27, hanlianshe reports that in the Seoul Summit G20 countries will perpetuate the programme and the mechanism set up permanent offices as discussed topics, it is expected that next year's Summit will be held in France was adopted. There is not yet a G20 offices, there is concern that, with the disappearance of the crisis, G20 will eventually be closed down, focus on the future development of the global economic stability, must ever be systematized. 2011 and 2012 will be held by France and Mexico G20 Summit.

New differences highlighted the rare trade

Germany's excuse is that rare is the production of electric vehicles and an important material for lithium batteries, no electric rare earth, cannot run, trying to will not fulfil energy-saving emission reduction of "dangerous" imposed on China. However, regardless of the United States, Japan or Germany, they are like the trivial, the slightest mention re mining on China's agriculture and forestry, water resources and physical health hazards posed by pollution, only strong to re wearing "free trade" hat. Pengboshe reported that the United States and Japan will get rare trade issues in the G20 technicalities China, it is expected that a number of developed European countries will have to follow the trend.

Trade war has got to exchange rate fluctuation, war is reproduced also fed in early November meeting of yixi. Some experts believe that if the United States on trade war reached consensus on the issue, the fed to continue the quantitative easing will relieve pressure on the dollar exchange rate stability and war issues they will all be resolved, but the United States insisted on win over other countries using a variety of ways to force China to resolve international economic recovery. In addition, in the establishment of the global financial regulation fair system, was also a large difference in the way of the G20 are still a thorn.