Wednesday, September 22, 2010

News Alert: China Blocks Export of Crucial Minerals to Japan as Dispute Escalates

Breaking News Alert
The New York Times
Wed, September 22, 2010 -- 10:55 PM ET
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China Blocks Export of Crucial Minerals to Japan as Dispute Escalates

Sharply raising the stakes in a dispute over Japan's
detention of a Chinese fishing trawler captain, the Chinese
government has placed a trade embargo on all exports to Japan
of a crucial category of minerals used in products like
hybrid cars, wind turbines and guided missiles.

Chinese customs officials are halting all shipments to Japan
of so-called rare earth elements, industry experts said on
Thursday morning.

Read More:
http://www.nytimes.com/2010/09/23/business/global/23rare.html?emc=na

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