Wednesday, September 22, 2010

Greater East Asia Co-Prosperity Sphere Up-Date

Breaking News Alert The New York Times Wed, 22 Sept, 2010 -- 10:55 PM ET
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China Blocks Export of Crucial Minerals to Japan as Dispute Escalates

Sharply raising the stakes in a dispute over Japan's detention of a Chinese fishing trawler captain, the Chinese government has placed a trade embargo on all exports to Japan of a crucial category of minerals used in products like hybrid cars, wind turbines and guided missiles.

Chinese customs officials are halting all shipments to Japan of so-called rare earth elements, industry experts said on Thursday morning.

Read More: http://www.nytimes.com/2010/09/23/business/global/23rare.html?emc=na


You know what else happened the last time someone cut off Japan's access to raw materials?

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