China's Rare Earth Industry and Export Regime: Economic and Trade Implications for the United States

Abstract

Over the past few years, the Chinese government has implemented a number of policies to tighten its control over the production and export of "rare earths"-a unique group of 17 metal elements on the periodic table that exhibit a range of special properties, such as magnetism, luminescence, and strength. Rare earths are important to a number of high technology industries, including renewable energy and various defense systems. This report examines the economic and trade implications of China's rare earth policies for the United States.

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