Ann: Capital Injection update , page-32

http://www.mining.com/islands-dispute-why-china-wont-use-rare-earths-against-japan-61612/


With the dispute over who owns the four uninhabited islets escalating to the point where several Japanese retailers and manufacturing plants in China have shut down, some observers are not ruling out a full-scale trade war.


The paper says speculation inside China is rife that the country may use its dominance of rare earth production –

it is responsible for more than 90% of global supply –against Japan.

Public opinion in China holds that Japan's hi-tech, green and automotive industries could be devastated if REE supply is cut off.