Tuesday, November 16, 2010

Armani Exchange Vs. Abercrombie

China banks and monopoly of rare metals

few days ago there appeared in the newspaper La Stampa, an interesting article on a particular aspect of the Chinese economy.
97% of rare metals used to produce the global hi-tech products (mobile phones, catalytic converters, satellites, superconducting cables and many others) comes from Chinese mines. But, since it was in China are booming high-tech production (most often subsidiaries of foreign firms in the industry, who close their plants in Europe, erasing thousands of jobs for trasferirisi in China and then export the products in Europe itself!) the Chinese, with a view to the appropriate national (but also in favor of the capitalists global massively present in China, do not forget), are planning to block the export of these metals. Exports have been cut by 40% and recent projections show that as early as 2012 if they completely block the sale.
For years, European nations have invested in China without criteria (Italy is the 5th place among the countries in the world for technology transfer, transfer that impoverishes our nation and enrich China and global capitalists), while, as stated the article "it is clear that the game points to the Chinese monopoly with zero exports will need to buy from them. Or move the production in China, turning to East a huge flow of investments. And that's real power. "In short, more relocations, and additional closures and layoffs for us!
Monopoly, camouflage forms of protectionism (such as artificially low exchange rate of national currency), dumping, neoschiavismo: This is the global economy made in China! This is the true face of globalization, the world player both praised!
us? We are years that the policy is gone, as the economy (translation: the benefit of the elites, ie the people who invest, especially abroad) has the upper hand as es'impone politics! Our politicians continue to bow to the God market, Liberalism criminal and instead of raising severe tariff barriers (to protect local production / national defense jobs and reopen the factories here) continue to follow patterns outdated and harmful to the underprivileged local and national.

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