worth a read, page-54

Trade Fight Flares on China Minerals.

The Obama administration Tuesday intends to escalate its trade offensive against China, a move heavy with political overtones, by pressing the World Trade Organization to force the export giant to ease its stranglehold on rare-earth minerals critical to high-tech manufacturing.

read the full story at:-

http://online.wsj.com/article/SB10001424052702304450004577278132260314666.html

also this from the same story:-

Beijing's previously rigid defense of its rare-earth export limits appeared shaken by that decision, as a Chinese policy maker suggested a fresh readiness to talk with major trading partners at the WTO. "Regarding WTO members' possible similar actions over China's rare-earth policies, we're ready to respond at any time in line with WTO rules and procedures," said Li Chenggang, head of the Ministry of Commerce's legal and treaty department, to Xinhua news agency in an interview published Feb. 1.

......... Now that I will believe that when I see it !