Rare and Foolish – China News
www.nytimes.com — Krugman calls China a "rogue economic superpower." After last month's "trawler-gate" fiasco between China and Japan, China stomped around and complained about hurt feelings, then cut off supplies of rare earths to Japan - 97 percent of the world’s supply of rare earths come from China. Right as rain, Japan caved and let the captain go.
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