China's Rare Earth Sector - Between Domestic Consolidation and Global Hegemony

doi:10.1108/IJoEM-05-2013-0080

淡江大學機構典藏 > 全球發展學院 > 全球政治經濟學系 > 會議論文 > Item 987654321/106587

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題名:	China's Rare Earth Sector - Between Domestic Consolidation and Global Hegemony
作者:	Biedermann, Reinhard
關鍵詞:	China;Public policy;Global strategy;Competition state;Rare earth metals;Raw materials diplomacy
日期:	2012-10-08
上傳時間:	2016-04-27 11:17:54 (UTC+8)
摘要:	Purpose – China holds a global monopoly of up to 97 percent for rare earth elements (REEs), which are indispensable for all kinds of twenty-first century high-tech applications. Since China has disrupted its exports and started discriminating between domestic and foreign demand, REEs have become a geostrategic resource. In March 2012, Japan, the USA and the European Union jointly filed a World Trade Organization dispute settlement case against China. The purpose of this paper is to elaborate why China implemented export quotas and tariffs on REEs and how the state is engaged in this sector domestically and abroad. Design/methodology/approach – The analysis frames China as a “competition state” and connects domestic with foreign economic policy on REEs. It uses data from Chinese official documents and non-Chinese sources. Findings – Better government control aims to consolidate the sector and lay the foundation for three other goals, namely: the establishment of integrated and innovative Chinese corporations that compete globally; the provision of incentives to attract high-tech foreign direct investment to China; and better environmental protection. China wants to climb the next step of the technological ladder to gain global economic leadership. Practical implications – Global environmental protection in mining is eased. However, non-Chinese market players can only take advantage of new business opportunities when the prices remain high. Since REEs are of strategic importance, rising political interference and raw materials diplomacy will continue to distort markets and price building. Originality/value – The paper connects domestic reregulation of China's rare earth sector with foreign policy goals (or “going in” and “going out”) using the competition state approach.
關聯:	Conference
DOI:	10.1108/IJoEM-05-2013-0080
顯示於類別:	[全球政治經濟學系] 會議論文

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