Friday, October 29, 2010

China assured Clinton on rare earth exports

HANOI, Vietnam - U.S. Secretary of State Hillary Rodham Clinton on Saturday sought and Receive assurances from China's Foreign Minister about the country's key export of exotic metals to the global high-tech industry, a U.S. official said.

The official Said Clinton raised the matter with Chinese Foreign Minister Yang Jiechi on the sidelines of a summit of East Asian Leaders in Vietnam. Clinton "sought clarification on the Chinese Government's policy on the export of rare earth minerals and Receive assurances," the official said.

The official, Who spoke on condition of anonymity to discuss a private conversation Diplomatic, Did not Specify What the assurances were. But this week China Said It Would Not use the exports of rare earth minerals as a bargaining chip with Other Political countries.

Restrictions on the Recent Chinese out of rare earths Have drawn international concern 'and prompter calls for Nations to Diversify the production of the minerals, Which Are Needed to produce items Such as cell phones, missiles and solar energy panels, China now produce 97 Percent of the world's supply after MOST of the Industrialized World, Including the United States, Japan and Europe, largely abandoned in favor of Their production Cheaper Chinese exports.

Earlier in Hawaii, Clinton Said Chinese Export Restrictions Imposed on Japan in the Midst of a territorial dispute Deepening Were a "wake-up call" for the world to find sources of rare earths Additional.

Japanese companies say Beijing has blocked rare earths Since shipments to Japan in September. 21 after a Chinese fishing boat captain near WAS Detained Disputed islands. The captain WAS Later released Japanese Authorities say But Have yet to resume supplies.

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