{"id":2105,"date":"2021-03-01T06:44:05","date_gmt":"2021-03-01T06:44:05","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=2105"},"modified":"2021-03-01T06:44:05","modified_gmt":"2021-03-01T06:44:05","slug":"chinas-rare-earths-facing-race-to-the-bottom-due-to-underpricing","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=2105","title":{"rendered":"China\u2019s rare earths facing \u2018race to the bottom\u2019 due to underpricing"},"content":{"rendered":"<p>Source: South China Morning PostChina\u2019s rare earths are underpriced due to vicious competition and face low resource utilisation, which would lead to a race to the bottom, the country\u2019s industry minister said on Monday.\u201cOur rare earths did not sell at the \u2018rare\u2019 price but sold at the \u2018earth\u2019 price \u2026 because of competitive bidding, which wasted the precious resource,\u201d said Xiao Yaqing from the Ministry of Industry and Information Technology (MIIT).Threats from China, the world\u2019s top producer of rare earths \u2013 a group of 17\u2026<a href=\"https:\/\/www.scmp.com\/economy\/china-economy\/article\/3123564\/chinas-rare-earths-facing-race-bottom-due-underpricing\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: South China Morning PostChina\u2019s rare earths are underpriced due to vicious competition and face low resource utilisation, which would lead to a race to the bottom, the country\u2019s industry&hellip; <\/p>\n","protected":false},"author":0,"featured_media":2106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/2105"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2105"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/2105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/2106"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2105"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}