China's biggest producer of rare earth metals, the Baotou Group, has announced it will continue a production stop into 2013. SOE Baotou wants to force up demand for the metals, which are used to make hi-tech products.
Overproduction in key industries is damaging both China's economic sustainability and foreign trade relations, a new report has warned. Now is the time for big reforms, it urges, supporting a shift in investments.
The top one percent of households in China control more than a third of the country's wealth, a study found. As analyst James Rickards tells DW, inequality is becoming so extreme it threatens to cause social disorder.
If Russia were to boycott space missions due to the Ukraine crisis, the results would be dramatic for the United States and Europe. Without Russian technology, Western countries' missions couldn't get off the ground.
Chinese high-speed train makers are increasingly selling their products to Western countries. Experts say the established European firms in the sector urgently need to develop strategies to counter the competition.
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