Business
Caught between rare earths and Chinese dominance Part 4: The secret to China’s success – MINING.COM – MINING.com
Investigating how China built its multi-commodity monopolies across the technological spectrum.
The secret behind Chinas success what accounts for this wide pricing disparity?
It cannot be accounted for or overcome by any traditional capitalistic or economic measure and that is the point. It amounts to Utility pricing for Chinese and Domestic utilization. For domestic utilization, China provides metallic conversion subsidies and tax rebates that reflect utility pricing — like a public road, a power line or municipal drinking water.
Export-reliant end-users face taxation and non-competitive…
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