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pmc

Colonel
Registered Member
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pmc on suicide watch, clash of two of his wank objects - russia and arabs. Will arabs fall from his grace now? :D
lol. This Bloomberg wont even know let alone understand the issue. Putin is trying to solve the problems that is diverting attention of Royals from increasing Soft Power. Putin can wait until there is consensus. They are giving time to Trump.



 

sndef888

Captain
Registered Member
I have to say, I don't understand the Chinese strategy with regards to rare earth export controls.

Yes it does signify that China is no longer afraid of American retaliation, which is a monumental step.

But why now? Trump seems genuinely surprised, and to a casual observer it does feel like a blow out of the blue especially when we just had a phone call where both sides were calling for cooperation.

Is it just a negotiating tactic ahead of Trump Xi meeting? To push Trump to say he opposes Taiwan independence?
 

taxiya

Brigadier
Registered Member
But is the pricing still using Western pricing systems or RMB pricing model?
For the RMB part it is Chinese pricing model. Price model is currency specific, that is if it is paid in AUD there is a formular, if it is USD there is another formular, if it is RMB it has to be yet another model. The idea of western model is practically equivelant to USD formular is becaue most country will pay USD to Australia for iron ore, afterall who is stacking up AUD anyway? In analogue, Iron ore = crude oil = USD = western pricing system. China is breaking it.
 
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