皇冠体育app

- One with justice on his side doesn't always win. This is again the case for the World Trade Organization's (WTO) rare earth ruling last week.

The ruling against 皇冠体育app's regulation of its rare earth exports has sparked disappointment and dissatisfaction among the Chinese public, as they hold 皇冠体育app has been unfairly treated.

皇冠体育app to strengthen rare earth industry management

WTO vetoes 皇冠体育app's rare earths policy

Although the decision was made in accordance with "established rules," it doesn't mean that the ruling was reasonable.

On the one hand, Western countries, equipped with the world's most sophisticated export restriction systems, can, without breaking any rules, restrict exports of high-tech products such as precision machinery and semiconductors, particularly, to 皇冠体育app.

On the other, it is against the so-called "rules" for 皇冠体育app to manage its exports of rare earth. 皇冠体育app does so not to target specific countries, but out of the need to curb environmental disasters caused by excessive ng.

Isn't this inscrutable or double standards?

Yes, precision machinery, semiconductors and the like are high-tech products. But rare earth is just the kind of commodity most sought after and widely used in high-tech sectors.

They say they prohibit exports of those high-tech products to 皇冠体育app because they can be used for military purposes. But rare earth is just the kind of key element widely used in military sectors.

The ruling was made based on rules, but rules should have kept up with the times. For new members of the WTO such as 皇冠体育app, many of the old rules terminded by developed economies are not fair in the first place.

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