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REVEALED: 5 things that might destroy China!

  • Bhaskar News
  • Aug 12, 2013, 10:26 AM IST
REVEALED: 5 things that might destroy China!
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China has undoubtedly developed very fast in the last few decades. Though it has emerged as a strong economy but it is equally vulnerable to dangers that can destroy the country in a matter of years.

 

China is standing at a point where a small issue can rage up a war or can result in a major political crisis. The tiniest catalyst could launch protectionist policies that could send shock waves through the global economy. We bring you five major reasons that can result in destroying the country.

 

Meanwhile, India and Chinese soldiers solved the face off at border with beer and rosogullahs. According to reports, both the forces had crossed each other at Sikkim. Both of them showed banners to claim that they were on each other’s territory. However, they decided to solve the dispute by extending the hand of friendship.

 

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Rare earths exports could stop

 

China accounts for 97% of global rare earth production and is said to have 87% of the world's rare earth deposits but in an attempt to curb pollution and protecting its resources, the country began to slow exports of the minerals.

 

According to critics, China made this move to draw manufacturing to the country, because the restrictions only extended to the rare earth minerals themselves, not products containing rare earths.

 

This could impact companies around the world since they are used in everything from wind turbines to smartphones.

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