Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Wednesday, June 3, 2009

China, Japan on collision course over rare-earth metals


This article takes an interesting look at the future viability of green tech industries.  Obama says he wants the US to be #1 in green tech, and reduce our dependance on foreign oil.  The only problem is that in order to control green tech you need to control the supply of rare earth metals that go in batteries and windmills.  Guess who is trying to secure a world monopoly on these metals??????? Our good friends the Chinese.  They are trying to create a cartel, like OPEC, that can set world market price.  In going green we may be trading one foreign policy disaster - oil, for another - rare earth metals.  read it and weep.

GM's Hummer brand may be sold to Chinese company


The Chinese are trading their US dollar reserves for US assets..... hummer may not sound like much, but soon they are going to start purchasing enough land to make Ted Turner blush.  read it.

Thursday, March 26, 2009

China flexing its ecomonic power


1st the chinese said that they were concerned about holding too many dollars in their reserves.  then they came out and called for a new international currency.  now they are using there economic power in south africa, where they secretly invest billions to take natural resources from the people, to stop a peace conference that the Dalai Lama is speaking at.  what would george bush do?