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Spheres of Influence Won’t Help the US

By CEPA

Sacrificing small nations to please the world’s biggest countries is a dead end. The US in particular has much more to lose than to gain.

October 23, 2026
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Photo: An excavator loads a truck with rare earth at the Port of Lianyungang in Lianyungang city, east Chinas Jiangsu province, 31 October 2010. China has created a state planning zone covering the countrys biggest rare earth mines in a move to cut production of the vital rare mineral elements used for numerous high-tech goods, the official Xinhua news agency reported on Thursday (10 February 2011) night. Exploration and mining of rare earth resources in the zone, an area of 2,500 square kilometers of Jiangxi province in southern China that contains 760,000 metric tons of rare earth mineral deposits, will be subject to stricter state scrutiny and regulatory checks, Xinhua said, citing the Ministry of Land and Resources in Beijing. Chinas rare earth reserves only account for a third in the world but China supplies more than 90 percent of rare earths globally, that is obviously not sustainable, a ministry official was quoted as saying. China, which produces about 97 percent of the global supply of the minerals, cut export quotas for the minerals by 40 percent in 2010, a move that alarmed buyers and trading partners. Beijing has cut export quotas for the first half of 2011 by 35 percent from the first half of last year, although total quotas for this year have not yet been announced. Credit: Reuters.
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