1. What's the problem? China should sell it at lower than market price to buyers or something?
2. The news said the lowest that China paid was close to $5 USD, and then the news used the average market price $80 of a year as a selling price.
Why not use average selling price instead of using the LOWEST price to compare?
1. What's the problem? China should sell it at lower than market price to buyers or something?
2. ...
Prelude 發表於 2010-12-15 15:27
According to some news I have heard, it's more or less regarding to some sorts of illegal corruption between government and private agencies...
Think it the other way, if China was the victim in this case. Some government agencies were selling the national properties at an unreasonable discounted price to foreign companies, what will you react? That's totally understandable...
China has been selling huge discounted price on Rare Earth Material for so long and the buyer resells them too.
It's ok for the original seller to be upset, but it was their strategy to sell to China rather than US directly, it happens all the time in business. What I am saying it's not such a big issue, and the news also tries to play with the numbers to make it sound like a big deal.
1 or 2 years ago Venezuela was in a deal with Russia to sell their oil at ~USD40-50 in exchange for their weapons and the contract is around $100M. Can't you see the problem now if you know how to do the math and also the time frame?