TOMORROW CHINA WILL SLAP A NEW
25% TARIFF ON INTEREST THAT
THEY'RE USING.
TWO MEDICAL DEVICES.
IT IS THE FIRST IN ONLY
COMPANY OUTSIDE OF CHINA THAT
CAN DO THIS RARE EARTH
PROCESSING AND PRODUCTION JOHN
BLUMENTHAL SPOKE EXCLUSIVELY
TO US.
>> THE MATERIALS THAT WE ARE
LOOKING TO DO.
THERE IS NO COMMERCIAL PLANT
IN THE WORLD WHAT IS THE
OPPORTUNITY OF THAT.
WHETHER IT IS IN VOLUME OR
DOLLARS.
CHINA HAS A STRONGHOLD.
I THINK ONE IS THE OPPORTUNITY
TO HAVE THE MATERIALS ARE
SEPARATED IN PRODUCED OUTSIDE
OF CHINA.
YOU'RE TALKING TO DO THREE
YEARS TO GET INTO PRODUCTION.
>> IS IT PRUDENT FOR CHINA TO
RECOGNIZE THEIR EXPERT
CONTROLS.
THEY HAD GROWN THEIR ECONOMY
TREMENDOUSLY OVER THE LAST 20
OR 30 YEARS.
A LOT OF WHAT THEY HAVE DONE
IS THEY HAVE REALLY LOOKED AT
IT FROM THE BOTTOM UP.
THEY HAD BEEN VERY SMART AS
FAR AS LOOKING FROM THE SUPPLY
CHAIN ALL THE WAY TO THE
FINISHED ELECTRONICS.
IN THEY DEVISED AND BUILT AN
INCREDIBLE INFRASTRUCTURE
THERE.
A NUMBER OF COMPANIES THAT
CHINA HAS OFFERED INCREDIBLE
DEALS FOR ENTICED COMPANIES TO
