China shows a willingness to exploit its monopoly position in the production of rare earth...

|By:, SA News Editor

China shows a willingness to exploit its monopoly position in the production of rare earth elements, and combined with its behavior on other fronts - exchange-rate policy, state subsidies that help firms gain key contracts, pressure on foreign companies to move production - Paul Krugman says it's "a rogue economic superpower, unwilling to play by the rules," and the rest of us better do something about it.