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Title
China''s Great Game on Rare Earth Elements and the New Raw Materials Diplomacy of the European Union
Year
100
Semester
1
Publish Date
2011/10/01
Journal Name
China''s Great Game on Rare Earth Elements and the New Raw Materials Diplomacy of the European Union
Journal Name Other
All Author
Biedermann, Reinhard
Unit
淡江大學全球政治經濟學系
Publisher
New Taipei: Tamkang University
Volume
Tamkang Journal of International Affairs 15(2), pp.43-85
Summary
There is oil in the Middle East; there is rare earth in China". Western and Japanese policy makers might have remembered this proclamation from Deng Xiaoping in 1992, when 18 years later China blocked shipments of rare earth elements and alarmed Japan, the European Union (EU), and the USA. Rare earths are not widely known, because they are low on the production chain and comprise only a small industry with annual production of below 150 000 tons. But without them, many modern daily-used electronic applications from smart phones to green energy applications would not be possible and our modern way of life would look very different. Already since 2006, China step by step reduced the exports. It is not very clear yet, why China restricts the exports of rare earths elements. This paper analyses possible motivations of China which might be geopolitical, neo-mercantilist, political, environmental or simply economic in nature. The European Union has recently announced global raw material diplomacy. The goal of this paper is to evaluate China''s ambitions in its rare earth elements strategy and, against that background, explore the potential account of EU''s new foreign trade instrument. The paper concludes skeptical, since China follows a strategy in one piece, whereas the EU strategy appears as too general and too diversified. A chance for the EU and other concerned actors like Japan and the USA lies in a better coordination of their rare earth policies and a more sustainable approach, also towards third countries. The World Trade Organization is positive towards the concerns of China''s rare earths customers.
Keyword
Use Lang
English
ISSN(ISBN)
1027-4979
Journalnature
國內
Level
,Other
UniversityCooperation
CorrespondingAuthor
Reviewsystem
否
Country
中華民國
Open Call for Papers
PublicationStyle
紙本